Intuitive Surgical Inc (ISRG)
Debt-to-equity 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-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, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $13,307,600K
= 0.00
Intuitive Surgical Inc has consistently maintained a debt-to-equity ratio of 0.00 throughout the past eight quarters, indicating a debt-free capital structure. This suggests that the company has relied primarily on equity financing to fund its operations, rather than taking on debt. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage in its operations and is not exposed to the risks associated with debt repayment or interest costs. This strong financial position may indicate a conservative approach to managing finances and a lower risk for investors and creditors.
Peer comparison
Dec 31, 2023