NXP Semiconductors NV (NXPI)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 8,644,000 | 7,449,000 | 6,528,000 | 8,944,000 | 9,441,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,644,000K
= 0.00
The debt-to-equity ratio of NXP Semiconductors NV has trended downwards over the past five years, from 1.62 in 2021 to 1.29 in 2023. This indicates that the company has been progressively reducing its reliance on debt to finance its operations and growth, and moving towards a more balanced capital structure. In general, a lower debt-to-equity ratio is seen as a positive sign, as it suggests lower financial risk and greater financial stability. However, it is important to monitor this ratio over time to ensure that the company maintains a sustainable level of debt relative to its equity.
Peer comparison
Dec 31, 2023