Benchmark Electronics Inc (BHE)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,113,310 | 1,079,080 | 1,026,420 | 973,802 | 989,588 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,113,310K
= 0.00
Based on the data provided, Benchmark Electronics Inc has consistently maintained a debt-to-equity ratio of 0.00 over the years 2020 to 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity. This can suggest that Benchmark Electronics Inc has been financing its operations primarily through equity rather than debt during this period.
A debt-to-equity ratio of 0.00 is typically viewed positively by investors and creditors as it implies lower financial risk and a stronger financial position. It suggests that the company may have a strong balance sheet with minimal leverage, potentially giving them more financial flexibility and stability.
Overall, maintaining a consistent debt-to-equity ratio of 0.00 over multiple years indicates that Benchmark Electronics Inc has been managing its capital structure in a conservative manner, which could be seen as a favorable attribute in the eyes of stakeholders. However, it's important to consider other financial metrics and factors when evaluating the company's overall financial health and performance.
Peer comparison
Dec 31, 2024