Doximity Inc (DOCS)
Debt-to-equity 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 | — | 901,397 | 966,116 | 878,594 | 66,743 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The Debt-to-Equity ratio of Doximity Inc has been consistently reported as 0.00 from March 31, 2021, through March 31, 2024. A Debt-to-Equity ratio of 0.00 typically indicates that the company has zero or close to zero debt on its balance sheet in relation to its equity. However, for March 31, 2025, the data is indicated as "—" which suggests that the data is missing or not available for that period. A low or zero Debt-to-Equity ratio can be viewed positively as it reflects that the company is not heavily reliant on debt financing, which may signify financial stability and lower risk as the company is using more equity in financing its operations. Nonetheless, a complete analysis for the latest period would be required to provide a current assessment of the financial leverage of Doximity Inc.
Peer comparison
Mar 31, 2025