PDF Solutions Inc (PDFS)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 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 | 239,544 | 229,347 | 229,671 | 232,685 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $290,136K
= 0.00
The debt-to-assets ratio for PDF Solutions Inc. has remained consistently at 0.00 across all quarters of the past two years. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This suggests that PDF Solutions Inc. has been operating with a debt-free capital structure, which can be a positive sign of financial stability and strength. However, it is important to note that a low or zero debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns. It would be prudent for stakeholders to consider the reasons behind the company's debt-free status and evaluate the implications for the company's overall financial health and growth strategy.
Peer comparison
Dec 31, 2023