Diodes Incorporated (DIOD)
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 | 1,795,300 | 1,740,740 | 1,513,640 | 1,237,240 | 963,820 |
| 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 + $1,795,300K)
= 0.00
The debt-to-capital ratio for Diodes Incorporated has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during the analyzed period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely sourced from equity, which can be viewed positively as it signifies a lower financial risk and less reliance on debt financing. However, it is essential to consider the impact of such a structure on the company's cost of capital and potential limitations in leveraging opportunities for growth. Overall, a stable debt-to-capital ratio of 0.00 highlights Diodes Incorporated's conservative financial management strategy.
Peer comparison
Dec 31, 2024