Inspire Medical Systems Inc (INSP)
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 | — | — | — | 15,799 | 24,746 |
| Total stockholders’ equity | US$ in thousands | 689,695 | 572,514 | 496,008 | 229,048 | 229,747 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.07 | 0.11 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $689,695K
= 0.00
The debt-to-equity ratio of Inspire Medical Systems Inc has shown a decreasing trend over the years, moving from 0.11 as at December 31, 2020, to 0.07 as at December 31, 2021, and subsequently, declining to 0.00 for the years ending December 31, 2022, 2023, and 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting a financially stable position with minimal financial risk related to debt obligations. This could imply that the company is either utilizing internal sources of funding or has successfully paid off its debt, leading to a stronger equity position in its capital structure.
Peer comparison
Dec 31, 2024