PDF Solutions Inc (PDFS)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 228,946 | 210,012 | 219,585 | 234,506 | 196,157 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $228,946K)
= 0.00
Based on the data provided for PDF Solutions Inc., the debt-to-capital ratio has consistently been 0.00 from 2019 to 2023. This ratio indicates that the company has not utilized any debt in its capital structure during these years and has funded its operations primarily through equity financing. A debt-to-capital ratio of 0.00 suggests a conservative financial strategy with low financial risk related to debt obligations. It also implies that the company may have a strong balance sheet and financial stability, as it does not rely on external borrowing to support its operations or expansion. Overall, the sustained 0.00 debt-to-capital ratio reflects a prudent approach to financial management by PDF Solutions Inc.
Peer comparison
Dec 31, 2023