Diodes Incorporated (DIOD)
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 | 1,795,300 | 1,740,740 | 1,513,640 | 1,237,240 | 963,820 |
| 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 ÷ $1,795,300K
= 0.00
Based on the data provided, Diodes Incorporated has consistently maintained a debt-to-equity ratio of 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company is not relying on debt to finance its operations or growth, and instead, relies more on equity financing. A debt-to-equity ratio of 0.00 implies that the company has no debt in relation to its equity, which could be seen as a positive sign of financial stability and strength. However, it is also important to consider that having no debt may limit the company's ability to benefit from the tax advantages of debt financing or leverage opportunities for potential growth. Overall, a consistent 0.00 debt-to-equity ratio suggests that Diodes Incorporated is managing its capital structure prudently, and it will be crucial to monitor this ratio in the future to ensure balanced financial risk management.
Peer comparison
Dec 31, 2024