EPAM Systems Inc (EPAM)
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 | 3,629,210 | 3,470,890 | 3,001,530 | 2,487,120 | 1,983,020 |
| 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 ÷ $3,629,210K
= 0.00
The debt-to-equity ratio for EPAM Systems Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period, relying solely on equity to finance its operations and growth. A debt-to-equity ratio of 0.00 signifies a conservative financial strategy, with little to no financial risk stemming from debt obligations. EPAM Systems Inc's low debt levels suggest a strong financial position and a conservative approach to managing its capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
EPAM Systems Inc
EPAM
0.00
Aspen Technology Inc
AZPN
0.00
Cognizant Technology Solutions Corp Class A
CTSH
0.06
Doximity Inc
DOCS
0.00
Synaptics Incorporated
SYNA
0.66
VeriSign Inc
VRSN
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