Boston Scientific Corp (BSX)

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	21,770,000	19,282,000	17,574,000	16,623,000	15,327,000
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 ÷ $21,770,000K
= 0.00

The debt-to-equity ratio for Boston Scientific Corp has consistently remained at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company is not relying heavily on debt to finance its operations, and has a strong equity base to support its activities. A debt-to-equity ratio of 0.00 suggests that the company may be financing its operations primarily through equity, which can be viewed positively as it signifies lower financial risk and a healthier financial position.