Integer Holdings Corp (ITGR)
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 | 1,619,220 | 1,519,040 | 1,417,460 | 1,354,700 | 1,271,060 |
| 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 ÷ $1,619,220K
= 0.00
Based on the data provided, Integer Holdings Corp's debt-to-equity ratio has consistently been at 0.00 for the years ending December 31, 2020 to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity. A debt-to-equity ratio of 0.00 signifies that the company's financial structure consists of no debt, which could be viewed positively by investors and creditors as it implies lower financial risk and the absence of interest payments that may burden the company's earnings. However, while a debt-free position can be advantageous in terms of financial stability and flexibility, it may also suggest that the company is not taking advantage of debt financing for potential growth opportunities or leveraging its capital structure efficiently. Further analysis of the company's overall financial position and strategic decisions would provide more insights into the implications of this consistently low debt-to-equity ratio.
Peer comparison
Dec 31, 2024