Cognex Corporation (CGNX)
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 | 1,517,500 | 1,567,030 | 1,506,730 | 1,489,190 | 1,504,750 | 1,488,600 | 1,480,460 | 1,446,330 | 1,438,390 | 1,389,220 | 1,389,980 | 1,358,740 | 1,430,090 | 1,492,960 | 1,429,450 | 1,357,000 | 1,262,200 | 1,505,830 | 1,376,480 | 1,327,490 |
| 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 + $1,517,500K)
= 0.00
The debt-to-capital ratio of Cognex Corporation has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or investments during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is solely reliant on equity, which can suggest financial stability and a lower risk of default. It implies that Cognex has been funding its activities primarily through equity financing, which may be a positive signal to investors and creditors regarding the company's financial health and risk management strategy.
Peer comparison
Dec 31, 2024