Dolby Laboratories (DLB)
Debt-to-capital ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,477,160 | 2,355,100 | 2,246,180 | 2,597,980 | 2,432,640 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,477,160K)
= 0.00
The debt-to-capital ratio for Dolby Laboratories has consistently been 0.00 for the past five years, indicating that the company has not used any debt to finance its operations or growth projects during this period. This suggests that Dolby Labs has been primarily reliant on equity financing, contributing to a strong financial position with low financial leverage. The company's ability to maintain a debt-to-capital ratio of 0.00 reflects a conservative financial strategy that minimizes risk associated with debt obligations. Overall, Dolby Laboratories' debt-to-capital ratio indicates a healthy capital structure and financial stability.
Peer comparison
Sep 30, 2024