PC Connection Inc (CNXN)
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 | 910,990 | 840,767 | 766,175 | 682,473 | 636,327 |
| 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 ÷ $910,990K
= 0.00
The debt-to-equity ratio of PC Connection Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any long-term debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically signifies a low financial risk as it suggests that the company does not have significant debt obligations relative to its equity. However, it is important to note that while a low debt-to-equity ratio can signify financial stability, it may also indicate limited access to leverage for potential growth opportunities. Overall, the consistent 0.00 debt-to-equity ratio suggests that PC Connection Inc has maintained a conservative capital structure over the years.
Peer comparison
Dec 31, 2024