Cohu Inc (COHU)
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 | 856,891 | 950,170 | 928,841 | 882,502 | 511,624 |
| 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 ÷ $856,891K
= 0.00
The debt-to-equity ratio of Cohu Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has not utilized any debt to finance its operations during this period. A debt-to-equity ratio of 0.00 indicates that the company relies entirely on equity financing, which can be advantageous as it signifies low financial risk and potentially a strong financial position. However, it is important to note that a low debt-to-equity ratio may also signal underutilization of debt which could limit growth opportunities or tax advantages associated with debt financing. Overall, Cohu Inc's consistent 0.00 debt-to-equity ratio suggests a conservative financial strategy focused on stability and potentially an aversion to debt financing.
Peer comparison
Dec 31, 2024