EPAM Systems Inc (EPAM)
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 | 3,629,210 | 3,554,050 | 3,397,380 | 3,475,110 | 3,470,890 | 3,299,440 | 3,262,760 | 3,128,960 | 3,001,530 | 2,757,170 | 2,622,350 | 2,552,100 | 2,487,120 | 2,339,120 | 2,212,670 | 2,063,940 | 1,983,020 | 1,860,230 | 1,753,090 | 1,647,480 |
| 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 + $3,629,210K)
= 0.00
EPAM Systems Inc has consistently maintained a debt-to-capital ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily equity-financed, suggesting potentially lower financial risk as there is no debt contributing to its total capital. However, while a low debt-to-capital ratio signifies a lower risk of financial distress, it may also signify limited leverage and potential missed opportunities for tax benefits associated with debt financing. EPAM Systems Inc's consistent maintenance of a debt-to-capital ratio of 0.00 indicates a conservative approach to capital structure management.
Peer comparison
Dec 31, 2024