Kulicke and Soffa Industries Inc (KLIC)

Debt-to-assets ratio

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	1,240,160	1,499,780	1,588,600	1,601,630	1,054,570
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,240,160K
= 0.00

The debt-to-assets ratio for Kulicke and Soffa Industries Inc has consistently been reported as 0.00 for the last five fiscal years (from September 30, 2020, to September 30, 2024). This indicates that the company has not used debt as a source of financing relative to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has financed its operations primarily through equity or retained earnings, rather than through borrowing. This approach can signify financial stability, as it implies lower financial risk associated with debt obligations. However, it is important to note that while a low or zero debt-to-assets ratio can be favorable from a risk perspective, it may also indicate underutilization of leverage that could enhance returns on equity in certain cases.