Glaukos Corp (GKOS)

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 — 56,759 56,692 283,117 282,773 282,430 282,087 281,743 281,400 281,056 280,713 280,370 280,026 279,683 — — 189,416 186,676 183,999 —
Total stockholders’ equity US$ in thousands 766,931 668,509 665,159 450,730 461,766 477,659 488,811 508,514 530,005 548,554 562,477 597,564 587,151 601,049 584,325 589,774 667,449 661,563 662,424 641,299
Debt-to-capital ratio 0.00 0.08 0.08 0.39 0.38 0.37 0.37 0.36 0.35 0.34 0.33 0.32 0.32 0.32 0.00 0.00 0.22 0.22 0.22 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $766,931K)
= 0.00

The debt-to-capital ratio of Glaukos Corp has shown some fluctuations over the years, ranging from 0.00 to 0.39. In general, a lower debt-to-capital ratio indicates a company has less dependence on debt to finance its operations and growth, which can be seen in the lower ratios of 0.00, 0.00, and 0.08 observed in some quarters.

However, in more recent periods, the ratio has increased steadily, reaching 0.39 as of March 31, 2024. This suggests that Glaukos Corp may be taking on more debt relative to its capital base. It is important for investors and stakeholders to monitor this ratio over time to ensure the company's debt levels are sustainable and not posing excessive financial risk.