DexCom Inc (DXCM)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,102,600 | 1,979,000 | 2,434,300 | 2,246,800 | 2,068,600 | 2,267,900 | 2,100,400 | 2,233,000 | 2,131,800 | 1,824,500 | 2,255,900 | 2,189,300 | 2,251,500 | 2,136,100 | 1,997,600 | 1,903,200 | 1,826,500 | 1,499,300 | 1,353,900 | 934,500 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $2,102,600K)
= 0.00
The debt-to-capital ratio of DexCom Inc has consistently stood at 0.00 for all the disclosed quarters from March 31, 2020, to December 31, 2024. This ratio indicates that the company has not utilized debt to finance its operations significantly, instead relying more on equity financing to fund its activities. A debt-to-capital ratio of 0.00 signifies that DexCom's capital structure is predominantly equity-based, which may suggest lower financial risk and greater stability, as the company is not heavily leveraged. This ratio reflects a strong financial position in terms of debt management and indicates a conservative approach towards the use of debt in the company's capital structure.
Peer comparison
Dec 31, 2024