Benchmark Electronics Inc (BHE)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,113,310 1,102,680 1,095,100 1,085,170 1,079,080 1,063,050 1,047,730 1,034,630 1,026,420 1,000,620 985,773 976,405 973,802 962,336 967,278 977,547 989,588 990,327 984,360 989,622
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,113,310K)
= 0.00

The debt-to-capital ratio for Benchmark Electronics Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily composed of equity rather than debt. This can be seen as a positive indicator, as it suggests that Benchmark Electronics Inc may have a lower financial risk and a stronger financial position as it does not have significant obligations to repay debt.