Pitney Bowes Inc (PBI)
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 | -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-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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-578,433K
= —
Pitney Bowes Inc has consistently maintained a debt-to-equity ratio of 0.00 from March 2020 to June 2022, indicating that the company did not have any debt relative to its equity during this period. However, from September 2022 to December 2024, the data is indicated as "—," which suggests missing or unavailable information regarding the debt-to-equity ratio for these quarters.
In the context of financial analysis, a low or zero debt-to-equity ratio is typically considered favorable as it indicates a lower dependency on borrowed funds and a higher proportion of equity financing. This could imply that Pitney Bowes Inc has been managing its capital structure in a conservative manner by relying more on equity rather than debt to finance its operations and growth initiatives. Further insights into the company's financial leverage and risk profile could have been derived if data for the missing quarters were available.