Glaukos Corp (GKOS)

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	—	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-equity ratio		0.00	0.08	0.09	0.63	0.61	0.59	0.58	0.55	0.53	0.51	0.50	0.47	0.48	0.47	0.00	0.00	0.28	0.28	0.28	0.00

December 31, 2024 calculation

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

The debt-to-equity ratio of Glaukos Corp has exhibited fluctuations over the past few years. From March 31, 2020, to June 30, 2020, the ratio increased from 0.00 to 0.28 and remained relatively stable at this level until September 30, 2021. From there, the ratio started to rise more significantly, reaching 0.61 by December 31, 2023. However, in the following periods, there were fluctuations with peaks at June 30, 2024 (0.09), and September 30, 2024 (0.08), before dropping back to 0.00 by December 31, 2024.

The debt-to-equity ratio is a measure of a company's financial leverage and indicates the proportion of debt used to finance its assets relative to equity. A higher ratio suggests higher financial risk, as the company relies more on debt financing. In contrast, a lower ratio indicates a safer financial position with less reliance on debt.

Overall, Glaukos Corp's debt-to-equity ratio has shown volatility and fluctuation over the period, possibly due to varying levels of debt or changes in equity. Investors and stakeholders may monitor these changes closely to assess the company's financial health and risk profile.