Benchmark Electronics Inc (BHE)

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

Based on the provided data, Benchmark Electronics Inc consistently maintained a debt-to-equity ratio of 0.00 throughout the period from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt relative to its equity during this period. This could imply that Benchmark Electronics relied more on equity financing rather than debt financing to fund its operations and investments. A lower debt-to-equity ratio generally signals lower financial risk and may indicate strong financial stability. It suggests that the company may have a strong capital structure with ample equity cushion to support its operations and growth without relying heavily on borrowed funds.