DexCom Inc (DXCM)
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 | 2,102,600 | 2,068,600 | 2,131,800 | 2,251,500 | 1,826,500 |
| 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 ÷ $2,102,600K
= 0.00
The debt-to-equity ratio for DexCom Inc as of the end of each year from 2020 to 2024 remains consistently at 0.00. This indicates that the company has not taken on any long-term debt obligations during this period and is primarily financed through equity. A debt-to-equity ratio of 0.00 signifies that there is no debt, and the company's operations are funded entirely by shareholders' equity. DexCom's financial structure appears to be very conservative and stable, as it is not relying on debt to finance its operations or growth. This may suggest a strong financial position and low financial risk for the company, as it does not have significant debt repayment obligations to worry about.
Peer comparison
Dec 31, 2024