Calix Inc (CALX)
Debt-to-capital 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 | 780,940 | 718,982 | 679,567 | 568,428 | 280,325 |
| Debt-to-capital ratio | 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 + $780,940K)
= 0.00
The debt-to-capital ratio of Calix Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that Calix Inc has not utilized any debt to finance its operations or growth during this period, relying solely on equity capital. A debt-to-capital ratio of 0.00 reflects a conservative financing strategy, indicating a lower financial risk as the company is not carrying any debt obligations on its balance sheet in relation to its total capital structure. However, it is important to note that the absence of debt may also limit the company's ability to leverage financial resources for potential growth opportunities or tax advantages associated with debt financing.
Peer comparison
Dec 31, 2024