Keysight Technologies Inc (KEYS)

Debt-to-equity ratio

		Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Long-term debt	US$ in thousands	1,790,000	1,196,000	1,195,000	1,208,000	1,195,000	1,794,000	1,793,000	1,793,000	1,793,000	1,792,000	1,792,000	1,791,000	1,791,000	1,791,000	1,790,000	1,790,000	1,789,000	1,789,000	1,788,000	1,788,000
Total stockholders’ equity	US$ in thousands	5,105,000	5,230,000	4,903,000	4,817,000	4,654,000	4,897,000	4,705,000	4,404,000	4,161,000	3,920,000	3,779,000	3,810,000	3,784,000	3,750,000	3,545,000	3,536,000	3,297,000	3,354,000	3,085,000	3,127,000
Debt-to-equity ratio		0.35	0.23	0.24	0.25	0.26	0.37	0.38	0.41	0.43	0.46	0.47	0.47	0.47	0.48	0.50	0.51	0.54	0.53	0.58	0.57

October 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,790,000K ÷ $5,105,000K
= 0.35

The debt-to-equity ratio of Keysight Technologies Inc has shown fluctuations over the past few periods, ranging from 0.23 to 0.58. The ratio indicates the proportion of debt to equity financing used by the company to fund its operations.

In the recent period, the ratio has been trending upwards, reaching 0.35. This suggests an increase in the company's reliance on debt financing compared to equity. However, it is important to note that the current ratio is still relatively moderate, indicating a balanced capital structure.

Looking at the historical trend, the company's debt-to-equity ratio has generally increased over the past few years. This may indicate a shift towards more debt financing in the company's capital structure.

Overall, while the trend of increasing debt-to-equity ratio should be monitored for any potential risks associated with higher debt levels, the current ratio suggests a reasonable balance between debt and equity financing for Keysight Technologies Inc.