Universal Display (OLED)

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
Total stockholders’ equity US$ in thousands 1,616,520 1,586,750 1,526,840 1,484,900 1,447,230 1,382,370 1,338,770 1,299,460 1,275,370 1,211,820 1,165,310 1,131,300 1,099,910 1,036,320 991,616 952,468 912,714 879,636 839,770 846,697
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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)
= $—K ÷ ($—K + $1,616,520K)
= 0.00

The debt-to-capital ratio of Universal Display has consistently remained at 0.00 for the periods reported from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt as part of its capital structure during these periods. A debt-to-capital ratio of 0.00 implies that the company's total debt is negligible in comparison to its total capital, which comprises both debt and equity. As a result, Universal Display appears to have a conservative financial structure with a minimal reliance on debt financing.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Universal Display
OLED
0.00
Hubbell Inc
HUBB
0.31
Mercury Systems Inc
MRCY
0.29
Vishay Intertechnology Inc
VSH
0.00