LivaNova PLC (LIVN)
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 | 549,624 | 568,543 | 518,067 | 9,849 | 642,298 |
Total stockholders’ equity | US$ in thousands | 1,320,260 | 1,277,630 | 1,207,620 | 1,294,640 | 1,109,260 |
Debt-to-equity ratio | 0.42 | 0.44 | 0.43 | 0.01 | 0.58 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $549,624K ÷ $1,320,260K
= 0.42
The debt-to-equity ratio for LivaNova PLC has shown fluctuation over the past five years. As of December 31, 2020, the ratio stood at 0.58, indicating that the company had more debt relative to equity. However, by the end of 2021, the ratio decreased significantly to 0.01, suggesting a significant reduction in the company's debt burden compared to its equity.
In the following years, the ratio increased slightly to 0.43 as of December 31, 2022, and 0.44 as of December 31, 2023, before dropping slightly to 0.42 by the end of 2024. Overall, the trend indicates that LivaNova PLC has been successful in managing its debt levels relative to equity, with a relatively low debt-to-equity ratio in recent years, which may signal a stronger financial position and lower financial risk for the company.
Peer comparison
Dec 31, 2024