Kulicke and Soffa Industries Inc (KLIC)
Debt-to-equity ratio
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 944,009 | 1,174,560 | 1,194,650 | 1,095,240 | 757,994 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $944,009K
= 0.00
The debt-to-equity ratio for Kulicke and Soffa Industries Inc has consistently been reported as 0.00 for the last five fiscal years, including data up to September 30, 2024. This indicates that the company has had no debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is entirely financed by equity, which may be perceived positively as it implies a lower level of financial risk due to the absence of debt obligations. However, it is also important to consider that a very low debt-to-equity ratio could also mean missed opportunities for leveraging debt for potential growth or tax benefits. Overall, a debt-to-equity ratio of 0.00 over multiple years suggests a sustainable and conservative capital structure for Kulicke and Soffa Industries Inc.
Peer comparison
Sep 30, 2024