Calix Inc (CALX)
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 | 780,940 | 778,688 | 754,224 | 742,693 | 718,982 | 750,945 | 741,770 | 717,839 | 679,567 | 647,747 | 617,129 | 591,805 | 568,428 | 535,626 | 345,638 | 314,715 | 280,325 | 247,531 | 159,168 | 150,915 |
| 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 + $780,940K)
= 0.00
The debt-to-capital ratio of Calix Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has either no debt or that its debt is negligible compared to its total capital. This suggests that Calix Inc is not heavily reliant on debt financing to fund its operations and investments, which may indicate lower financial risk and greater financial stability. Additionally, a low debt-to-capital ratio may imply that the company has sufficient equity to support its operations and potential growth opportunities. Overall, the steady 0.00 debt-to-capital ratio of Calix Inc over the years signifies a conservative approach to debt management and a strong capital structure.
Peer comparison
Dec 31, 2024