Cirrus Logic Inc (CRUS)
Debt-to-capital ratio
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 1,949,450 | 1,817,010 | 1,658,280 | 1,599,820 | 1,389,000 |
Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,949,450K)
= 0.00
The debt-to-capital ratio for Cirrus Logic Inc has consistently been 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that Cirrus Logic Inc is primarily financed by equity rather than debt, which can be considered a positive sign as it signifies lower financial risk and potential for financial stability. The company's ability to maintain a low debt-to-capital ratio may reflect its strong financial position and prudent financial management.
Peer comparison
Mar 31, 2025