Exelixis Inc (EXEL)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,244,200 | 2,275,420 | 2,119,730 | 2,128,010 | 2,263,910 | 2,347,620 | 2,527,940 | 2,555,140 | 2,488,430 | 2,491,400 | 2,391,260 | 2,293,850 | 2,210,620 | 2,112,450 | 2,043,080 | 1,911,190 | 1,879,110 | 1,852,030 | 1,833,320 | 1,747,650 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,244,200K
= 0.00
The debt-to-equity ratio of Exelixis Inc has consistently remained at 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This suggests that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 indicates that the company has no debt obligations in relation to its equity, which may signal a conservative financial strategy or a strong financial position with low reliance on borrowed funds for its operations and growth. It is crucial for stakeholders to monitor changes in this ratio over time to assess Exelixis Inc's leverage and financial risk.
Peer comparison
Dec 31, 2024