Masimo Corporation (MASI)
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 | 727,900 | 733,200 | 746,500 | 841,400 | 871,700 | 910,100 | 888,800 | 897,500 | 941,600 | 951,400 | 922,400 | — | 0 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,051,900 | 1,463,200 | 1,368,800 | 1,365,200 | 1,364,800 | 1,275,600 | 1,308,300 | 1,330,300 | 1,338,900 | 1,252,600 | 1,202,700 | 1,582,140 | 1,550,200 | 1,468,150 | 1,391,240 | 1,328,120 | 1,407,640 | 1,414,800 | 1,344,540 | 1,253,280 |
| Debt-to-equity ratio | 0.69 | 0.50 | 0.55 | 0.62 | 0.64 | 0.71 | 0.68 | 0.67 | 0.70 | 0.76 | 0.77 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Masimo Corporation's debt-to-equity ratio has displayed a consistent trend of being at 0.00 from March 2020 to June 2022, indicating that the company had no debt during this period. However, starting from June 2022, the ratio began to increase, reaching 0.69 by December 2024. This rise suggests that Masimo Corporation has started taking on debt relative to its equity. Overall, the increasing debt-to-equity ratio may indicate a shift in the company's capital structure towards more debt financing, which could potentially impact its financial risk and liquidity position.
Peer comparison
Dec 31, 2024