Calix Inc (CALX)
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 | 780,940 | 718,982 | 679,567 | 568,428 | 280,325 |
| 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 ÷ $780,940K
= 0.00
Based on the provided data, Calix Inc's debt-to-equity ratio has been consistently 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has zero debt in relation to its equity, suggesting that Calix Inc is not utilizing debt financing to fund its operations or growth. This can be seen as a positive signal, as a lower debt-to-equity ratio generally signifies lower financial risk and potentially a stronger financial position. However, it is also important to consider that a very low debt-to-equity ratio may indicate underutilization of debt, which could potentially limit the company's growth opportunities. Overall, Calix Inc's consistent 0.00 debt-to-equity ratio over the years may suggest a conservative financial strategy focused on maintaining a strong equity base.
Peer comparison
Dec 31, 2024