Dolby Laboratories (DLB)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,477,160K
= 0.00
The debt-to-equity ratio for Dolby Laboratories has consistently been 0.00 over the past five years, indicating that the company has not utilized any debt to finance its operations relative to its equity. This implies that Dolby Laboratories has been primarily relying on equity funding rather than taking on debt to support its growth and operations. A debt-to-equity ratio of 0.00 suggests a conservative financial structure, as the company has a relatively low level of financial leverage. It also signifies that the company may have a strong balance sheet with a significant proportion of equity compared to debt, which could potentially provide financial stability and flexibility.
Peer comparison
Sep 30, 2024