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

Company name
Symbol
Debt-to-equity ratio
Knowles Cor
KN
0.18
Arlo Technologies
ARLO
0.00
Sonos Inc
SONO
0.00