Intuitive Surgical Inc (ISRG)

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	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	16,433,700	15,583,300	14,708,300	13,962,600	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
Debt-to-equity 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, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $16,433,700K
= 0.00

The debt-to-equity ratio for Intuitive Surgical Inc has consistently been 0.00 for all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or growth and has relied solely on equity. A debt-to-equity ratio of 0.00 typically shows that the company is not relying on borrowing to fund its operations, which could be seen as a positive sign of financial stability. However, it's important to note that a very low or zero debt-to-equity ratio may also suggest that the company is not taking advantage of potential growth opportunities that could be funded through debt financing.