Pitney Bowes Inc (PBI)
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 | -578,433 | -518,879 | -427,889 | -392,355 | -368,576 | -125,109 | -75,487 | 59,964 | 60,653 | -8,276 | 44,154 | 92,882 | 112,632 | 48,663 | 53,370 | 19,163 | 66,395 | 79,125 | 44,580 | 29,430 |
| 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-578,433K)
= —
Based on the provided data, Pitney Bowes Inc has consistently shown a debt-to-capital ratio of 0.00 over the past several quarters up to December 31, 2024. The debt-to-capital ratio measures the proportion of a company's capital that is financed through debt.
A debt-to-capital ratio of 0.00 indicates that the company has not utilized debt to finance its operations within the given timeframe. This could imply that Pitney Bowes Inc has primarily relied on equity financing rather than debt financing, which can be seen as a positive attribute as it indicates lower financial risk and less interest expense.
However, the absence of debt in the capital structure may also mean missed opportunities for leveraging debt to potentially achieve higher returns on equity. It is essential to consider the reasons behind the company's conservative debt strategy to determine if it aligns with its overall financial objectives and risk tolerance. Additionally, the lack of debt in the capital structure may limit the company's flexibility in certain strategic decisions, such as expansion or acquisitions.