Calix Inc (CALX)

Debt-to-equity ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	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	154,028	146,150	147,206	145,841
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, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $718,982K
= 0.00

The debt-to-equity ratio of Calix Inc has remained relatively stable over the past eight quarters, ranging from 0.00 to 0.02. This ratio indicates that the company has been primarily funded by equity rather than debt during this period. The low debt-to-equity ratio points to a conservative approach to financing, with a lower financial risk compared to companies with higher debt levels. Overall, the consistent low level of debt relative to equity suggests a strong financial position and a healthy balance sheet structure for Calix Inc.

Peer comparison

Dec 31, 2023

Company name

Symbol

Debt-to-equity ratio

Calix Inc

CALX

0.00

Cogent Communications Group Inc