IPG Photonics Corporation (IPGP)
Debt-to-capital 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 | 2,024,470 | 2,415,380 | 2,385,360 | 2,746,580 | 2,592,820 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,024,470K)
= 0.00
Based on the provided data, the debt-to-capital ratio of IPG Photonics Corporation has consistently been 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized any debt to finance its operations and growth. This suggests that IPG Photonics has been primarily relying on equity financing to fund its activities during this period. Having a debt-to-capital ratio of 0.00 can be viewed positively by investors and stakeholders as it signifies a low financial risk due to the absence of debt in the company's capital structure.
Peer comparison
Dec 31, 2024