Cognex Corporation (CGNX)
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 | 1,517,500 | 1,504,750 | 1,438,390 | 1,430,090 | 1,262,200 |
| 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 ÷ $1,517,500K
= 0.00
Cognex Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its operations and growth, relying instead on equity financing. A low or zero debt-to-equity ratio is often seen as a positive signal to investors, as it suggests a lower financial risk and a strong financial position. Cognex's ability to operate without significant debt obligations may provide the company with greater financial flexibility and resilience in managing economic uncertainties or market fluctuations.
Peer comparison
Dec 31, 2024