Entegris Inc (ENTG)
Debt-to-equity 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-equity ratio | 1.08 | 1.13 | 1.18 | 1.22 | 1.34 | 1.61 | 1.64 | 0.56 | 0.56 | 1.81 | 1.78 | 0.51 | 0.55 | 0.58 | 0.62 | 0.76 | 0.79 | 0.88 | 1.02 | 0.98 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,981,100K ÷ $3,691,500K
= 1.08
Entegris Inc's debt-to-equity ratio has fluctuated over the years based on the provided data. As of December 31, 2024, the ratio stood at 1.08, indicating that the company had $1.08 in debt for every $1 of equity.
The trend shows a general increase in the debt-to-equity ratio from the beginning of the reporting period in March 2020 until June 2022, where it reached a peak of 1.78. This increase suggests that the company may have been relying more on debt financing relative to equity during this period.
However, from June 2022 onwards, the ratio started to decline steadily, reaching 1.08 by December 31, 2024. This downward trend indicates that the company was reducing its debt levels relative to equity, which could be a positive sign of improved financial health and reduced leverage.
Overall, the debt-to-equity ratio analysis suggests that Entegris Inc has been managing its debt and equity structure effectively over the years, with a recent focus on reducing debt levels relative to equity, potentially improving its overall financial stability.
Peer comparison
Dec 31, 2024