PDF Solutions Inc (PDFS)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 246,037 | 228,946 | 210,012 | 219,585 | 234,506 |
| Debt-to-equity ratio | 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 ÷ $246,037K
= 0.00
The debt-to-equity ratio for PDF Solutions Inc for the years 2020, 2021, 2022, 2023, and 2024 is consistently reported as 0.00. This indicates that the company has not reported any debt on its balance sheet during these years. A debt-to-equity ratio of 0.00 signifies that the company's capital structure is primarily equity financed, and there is no debt in the company's capital structure to compare against its equity. This may suggest that PDF Solutions Inc has been relying on equity financing to fund its operations and growth rather than taking on debt. However, it's important to note that a debt-to-equity ratio of 0.00 may also indicate limited financial leverage, which could potentially restrict the company's ability to maximize returns for its shareholders. Further analysis of the company's overall financial health and strategic decisions would be needed to fully assess the implications of this consistent ratio.
Peer comparison
Dec 31, 2024