CEVA Inc (CEVA)
Debt-to-capital 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 | 264,341 | 256,700 | 258,584 | 259,870 | 258,871 | 252,297 | 273,715 | 278,079 | 276,732 | 269,742 | 265,016 | 261,649 | 260,889 | 256,571 | 252,381 | 249,272 | 251,157 | 249,360 | 244,645 | 245,312 |
| 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, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $264,341K)
= 0.00
Based on the data provided, Ceva Inc. has consistently maintained a debt-to-capital ratio of 0.00 across all quarters in the years 2022 and 2023. A debt-to-capital ratio of 0.00 indicates that the company has no debt in relation to its capital structure. This implies that the company is predominantly funded by equity rather than debt, which can be seen as a positive indicator of financial stability and solvency. However, it is essential to consider the potential limitations of solely relying on this ratio for a comprehensive assessment of a company's financial health, as other factors such as profitability, liquidity, and efficiency should also be taken into account.
Peer comparison
Dec 31, 2023