Masimo Corporation (MASI)
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 | 727,900 | 871,700 | 941,600 | 0 | — |
| Total stockholders’ equity | US$ in thousands | 1,051,900 | 1,364,800 | 1,338,900 | 1,550,200 | 1,407,640 |
| Debt-to-equity ratio | 0.69 | 0.64 | 0.70 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $727,900K ÷ $1,051,900K
= 0.69
The debt-to-equity ratio of Masimo Corporation has been relatively stable at 0.00 for the fiscal years ending December 31, 2020 and 2021. However, there was a notable increase in the ratio to 0.70 by the end of 2022, indicating a shift towards a slightly higher reliance on debt to finance its operations. This trend continued with a slight decrease to 0.64 by the end of 2023, followed by a moderate increase to 0.69 by the end of 2024. Overall, the company's debt-to-equity ratio demonstrates a balanced mix of debt and equity in its capital structure, with recent fluctuations suggesting potential changes in its financing strategy.
Peer comparison
Dec 31, 2024