Kulicke and Soffa Industries Inc (KLIC)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,240,160 | 1,257,220 | 1,298,710 | 1,486,730 | 1,499,780 | 1,508,120 | 1,524,040 | 1,549,820 | 1,588,600 | 1,628,280 | 1,559,010 | 1,704,530 | 1,601,630 | 1,409,860 | 1,256,970 | 1,146,770 | 1,054,570 | 1,029,460 | 1,160,900 | 1,118,080 |
| Debt-to-assets 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 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,240,160K
= 0.00
The debt-to-assets ratio of Kulicke and Soffa Industries Inc has consistently been 0.00 for the past several quarters. This indicates that the company has not been utilizing debt to finance its operations and investments. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity to fund its activities, which can be a positive sign of financial stability and a lower risk of financial distress. However, it is important to note that having no debt might limit the company's ability to leverage and potentially enhance returns on investment. Overall, the stable and low debt-to-assets ratio of 0.00 reflects Kulicke and Soffa Industries Inc's conservative financial strategy regarding debt management.
Peer comparison
Sep 30, 2024