CEVA Inc (CEVA)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 264,341 | 258,871 | 276,732 | 260,889 | 251,157 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $264,341K)
= 0.00
The debt-to-capital ratio for CEVA Inc has consistently been 0.00 for the past five years. This indicates that the company has not utilized any debt financing to fund its operations relative to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the company is solely relying on equity financing to support its business activities. This could be viewed positively as it signifies that the company has minimal financial leverage and is not burdened by significant debt obligations. However, it is important to assess the overall capital structure and financial health of the company to gain a comprehensive understanding of its financial risk and stability.
Peer comparison
Dec 31, 2023