PDF Solutions Inc (PDFS)

Debt-to-assets 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 assets US$ in thousands 315,289 307,351 297,999 286,823 290,136 282,453 290,272 279,288 278,671 265,975 249,167 265,577 273,768 275,224 273,670 271,131 287,580 310,608 233,696 239,357
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $315,289K
= 0.00

The debt-to-assets ratio of PDF Solutions Inc has been consistently at 0.00 over the specified period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during this time frame. A debt-to-assets ratio of 0.00 signifies that the company's total assets are entirely financed by equity rather than debt. This can be seen as a positive indicator of financial stability and security, as it implies a lower risk of default and financial distress associated with excessive debt levels. It also suggests that the company may not be taking advantage of potential tax benefits associated with debt financing. Overall, PDF Solutions Inc's consistent debt-to-assets ratio of 0.00 reflects a conservative capital structure and prudent financial management strategy.