Knowles Cor (KN)
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 | 134,000 | 224,100 | 45,000 | 70,000 | 0 |
Total stockholders’ equity | US$ in thousands | 756,000 | 1,034,100 | 992,900 | 1,459,500 | 1,303,500 |
Debt-to-equity ratio | 0.18 | 0.22 | 0.05 | 0.05 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $134,000K ÷ $756,000K
= 0.18
The debt-to-equity ratio of Knowles Cor has shown a steady increase from 0.00 in December 31, 2020, to 0.18 in December 31, 2024. This indicates that the company has been gradually taking on more debt relative to its equity over the years. A higher ratio can suggest a higher level of financial risk, as it may indicate that the company is relying more on debt financing rather than equity. It is important for investors and stakeholders to monitor this trend and assess the company's ability to manage its debt levels effectively.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Knowles Cor
KN
0.18
Arlo Technologies
ARLO
0.00
Sonos Inc
SONO
0.00