Universal Display (OLED)

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
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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,616,520K
= 0.00

The debt-to-equity ratio of Universal Display has consistently been 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing during this period to fund its operations or growth. A debt-to-equity ratio of 0.00 suggests that the company relies solely on equity financing, which can be seen as a positive sign in terms of financial stability and risk management. Additionally, a lower debt-to-equity ratio typically indicates lower financial risk and greater financial flexibility for the company.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
Universal Display
OLED
0.00
Hubbell Inc
HUBB
0.44
Mercury Systems Inc
MRCY
0.40
Vishay Intertechnology Inc
VSH
0.00