Knowles Cor (KN)
Debt-to-equity ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 134,000 | 175,500 | 212,400 | 245,200 | 224,100 | 45,000 | 45,000 | 45,000 | 45,000 | 78,000 | 73,000 | 70,000 | 70,000 | 0 | 0 | 0 | 0 | 213,000 | 160,900 | 258,800 |
| Total stockholders’ equity | US$ in thousands | 756,000 | 777,400 | 753,000 | 1,033,900 | 1,034,100 | 993,300 | 986,500 | 987,400 | 992,900 | 1,180,200 | 1,203,600 | 1,474,100 | 1,459,500 | 1,366,100 | 1,332,100 | 1,323,700 | 1,303,500 | 1,264,600 | 1,243,800 | 1,253,800 |
| Debt-to-equity ratio | 0.18 | 0.23 | 0.28 | 0.24 | 0.22 | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.06 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | 0.13 | 0.21 |
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 fluctuation over the analyzed period. As of December 31, 2020, March 31, 2021, June 30, 2021, and September 30, 2021, the company had reduced its debt levels to zero, resulting in an exceptional debt-to-equity ratio of 0.00 during these quarters.
Subsequently, from December 31, 2021 to September 30, 2023, the debt-to-equity ratio remained relatively stable, ranging between 0.05 to 0.07. This stability suggests that the company maintained a balanced capital structure during this period.
However, there was a noticeable increase in the debt-to-equity ratio from December 31, 2023 to June 30, 2024. This increase indicates that the company took on more debt relative to its equity, reaching a peak of 0.28 on June 30, 2024.
Overall, fluctuations in the debt-to-equity ratio of Knowles Cor suggest changes in the company's leverage and financial risk over time. Further analysis would be needed to understand the reasons behind the shifts in the debt-to-equity ratio and the implications for the company's financial health and stability.
Peer comparison
Dec 31, 2024