MKS Instruments Inc (MKSI)
Debt-to-capital 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 | 4,619,000 | 4,939,000 | 5,115,000 | 4,894,000 | 4,953,000 | 5,052,000 | 5,073,000 | 5,076,000 | 5,122,000 | — | — | — | 825,000 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,322,000 | 2,398,000 | 2,233,000 | 2,424,000 | 2,472,000 | 2,476,000 | 2,495,000 | 4,451,000 | 4,483,000 | 4,149,000 | 3,129,000 | 3,027,000 | 2,887,000 | 2,728,000 | 2,614,000 | 2,469,000 | 2,360,000 | 2,226,800 | 2,126,600 | 2,052,500 |
| Debt-to-capital ratio | 0.67 | 0.67 | 0.70 | 0.67 | 0.67 | 0.67 | 0.67 | 0.53 | 0.53 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $4,619,000K ÷ ($4,619,000K + $2,322,000K)
= 0.67
The debt-to-capital ratio of MKS Instruments Inc has shown stability at a low level of 0.00 for most quarters up to December 31, 2021. However, there was a notable increase to 0.22 as of December 31, 2021. Subsequently, the ratio increased further to 0.53 as of December 31, 2022, and has been maintained at that level through the following quarters. There was a slight uptick to 0.70 as of June 30, 2024, which then decreased to 0.67 by September 30, 2024, where it remained at the end of December 31, 2024. Overall, the company's debt-to-capital ratio has experienced fluctuations but has generally been well-controlled at relatively low levels, indicating a conservative approach to capital structure and financial risk management.
Peer comparison
Dec 31, 2024