PDF Solutions Inc (PDFS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 228,946 | 221,564 | 224,170 | 213,425 | 210,012 | 203,203 | 197,875 | 213,567 | 219,585 | 223,455 | 223,124 | 225,253 | 234,506 | 264,777 | 197,705 | 198,469 | 196,157 | 194,987 | 194,892 | 197,347 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $228,946K
= 0.00
The debt-to-equity ratio of PDF Solutions Inc. has consistently remained at 0.00 across all quarters in the provided table. This indicates that the company has no debt on its balance sheet relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company is financing its operations primarily through equity rather than debt. It suggests that PDF Solutions Inc. has a strong capital structure with lower financial risk, as there is no reliance on external debt to fund its operations or growth. This consistent trend of a debt-free position could be viewed positively by investors and creditors, as it showcases the company's ability to manage its financial obligations effectively without taking on significant debt burden.
Peer comparison
Dec 31, 2023