Intuitive Surgical Inc (ISRG)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,307,600 | 12,539,000 | 11,879,100 | 11,217,700 | 11,041,900 | 11,515,400 | 12,023,000 | 12,102,300 | 11,901,100 | 11,410,900 | 10,837,500 | 10,153,500 | 9,731,500 | 9,257,800 | 8,740,500 | 8,506,700 | 8,263,800 | 7,761,400 | 7,265,300 | 7,024,200 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $13,307,600K)
= 0.00
The debt-to-capital ratio of Intuitive Surgical Inc has consistently been reported as 0.00 across all quarters in the data provided. This indicates that the company has not used any debt to finance its operations and growth, and is primarily funded by equity capital. Having a debt-to-capital ratio of 0.00 suggests that the company may have a strong financial position with a lower risk of default and financial distress. Intuitive Surgical's conservative approach to leverage may be viewed favorably by investors and creditors, as it implies a lower level of financial risk and a greater ability to weather economic downturns.
Peer comparison
Dec 31, 2023