Exelixis Inc (EXEL)
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 | 2,244,200 | 2,263,910 | 2,488,430 | 2,210,620 | 1,879,110 |
| 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 ÷ $2,244,200K
= 0.00
Based on the provided data, the debt-to-equity ratio of Exelixis Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage as there is no debt in relation to equity on its balance sheet. This implies that Exelixis Inc is primarily financing its operations and investments through equity rather than debt. While a low debt-to-equity ratio can signify a financially stable company with lower financial risk, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024