Entegris Inc (ENTG)
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 | 3,981,100 | 4,060,690 | 4,122,230 | 4,172,940 | 4,577,140 | 5,425,500 | 5,492,010 | 5,634,710 | 5,632,930 | 5,627,700 | 3,408,800 | 937,349 | 937,027 | 936,704 | 936,382 | 1,086,190 | 1,085,780 | 1,085,380 | 1,183,990 | 1,074,890 |
| Total stockholders’ equity | US$ in thousands | 3,691,500 | 3,592,510 | 3,502,390 | 3,430,170 | 3,408,590 | 3,368,290 | 3,352,200 | 10,067,000 | 10,138,700 | 3,116,320 | 1,912,710 | 1,820,320 | 1,713,780 | 1,610,780 | 1,515,330 | 1,428,330 | 1,379,490 | 1,240,130 | 1,155,880 | 1,102,190 |
| Debt-to-capital ratio | 0.52 | 0.53 | 0.54 | 0.55 | 0.57 | 0.62 | 0.62 | 0.36 | 0.36 | 0.64 | 0.64 | 0.34 | 0.35 | 0.37 | 0.38 | 0.43 | 0.44 | 0.47 | 0.51 | 0.49 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,981,100K ÷ ($3,981,100K + $3,691,500K)
= 0.52
The debt-to-capital ratio of Entegris Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The ratio decreased steadily from 0.49 on March 31, 2020, to 0.34 on March 31, 2022. This decline indicates a reduction in the proportion of the company's capital that is financed through debt.
Subsequently, there was a noticeable increase in the ratio to 0.64 as of June 30, 2022, and this level was maintained until September 30, 2022. This surge suggests a shift towards a higher reliance on debt financing during that period.
From December 31, 2022, to June 30, 2024, the ratio fluctuated between 0.36 and 0.54. Overall, the trend indicates some volatility in the company's capital structure during this period, possibly reflecting different financing decisions or business conditions.
As of December 31, 2024, the debt-to-capital ratio stood at 0.52, indicating that 52% of Entegris Inc's capital was funded by debt. This ratio provides insight into the company's leverage and how it balances debt and equity to finance its operations and growth opportunities.
Peer comparison
Dec 31, 2024