Corsair Gaming Inc (CRSR)
Debt-to-capital 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 | 604,303 | 667,575 | 623,838 | 568,180 | 437,390 |
| Debt-to-capital ratio | 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 + $604,303K)
= 0.00
The debt-to-capital ratio for Corsair Gaming Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or has very minimal debt relative to its capital structure during the period. A low or zero debt-to-capital ratio generally suggests a lower financial risk for the company, as it implies a lower dependence on debt financing and a stronger equity base for funding its operations and investments. This stability in the debt-to-capital ratio over the years reflects Corsair Gaming Inc's conservative approach to managing its capital structure and may indicate a strong financial position.
Peer comparison
Dec 31, 2024