Cognex Corporation (CGNX)
Debt-to-equity 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-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, 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 across all quarters spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity for funding. A debt-to-equity ratio of 0.00 signifies that there is no financial leverage in the company's capital structure, suggesting a lower financial risk and a stronger financial position. Despite this stability, it is important to note that a debt-to-equity ratio of 0.00 may also indicate missed opportunities for leveraging debt for potential growth or tax benefits. Overall, Cognex Corporation's consistent zero debt-to-equity ratio reflects a conservative financial strategy focused on maintaining a strong equity base.
Peer comparison
Dec 31, 2024