PDF Solutions Inc (PDFS)

Debt-to-equity 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-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $228,946K
= 0.00

The debt-to-equity ratio for PDF Solutions Inc. has consistently been at 0.00 for the past five years. This implies that the company has not utilized any debt financing and has been solely reliant on equity to finance its operations and growth. A debt-to-equity ratio of 0.00 typically indicates that the company has a strong financial position with low financial risk as there is no debt that needs to be repaid, leading to lower interest expenses and potential financial constraints. However, it is essential to note that while a low debt-to-equity ratio may suggest financial stability, it may also limit the company's ability to take advantage of potential growth opportunities that could be leveraged through debt financing. Further analysis of the company's overall financial strategy and performance would be necessary to fully assess the implications of this consistent 0.00 debt-to-equity ratio.


Peer comparison

Dec 31, 2023