IPG Photonics Corporation (IPGP)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,024,470 | 2,415,380 | 2,385,360 | 2,746,580 | 2,592,820 |
| Debt-to-equity ratio | 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 ÷ $2,024,470K
= 0.00
The debt-to-equity ratio of IPG Photonics Corporation has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been utilizing more equity financing rather than debt financing to fund its operations and growth. A debt-to-equity ratio of 0.00 suggests that the company is not relying on debt to finance its operations, which can be considered a financially conservative approach as it indicates a lower risk of financial distress due to debt obligations. However, it's important to note that a very low debt-to-equity ratio may also mean missed opportunity for leveraging financial resources efficiently.
Peer comparison
Dec 31, 2024