Pegasystems Inc (PEGA)
Debt-to-capital 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 | 585,480 | 353,838 | 130,843 | 416,088 | 542,172 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $585,480K)
= 0.00
The debt-to-capital ratio for Pegasystems Inc., as provided in the data, remains consistently at 0.00 across the four fiscal year-end dates from December 31, 2020, through December 31, 2024. This indicates that during this period, the company's capital structure was solely composed of equity, with no reported debt capital. Such a consistent zero ratio implies that Pegasystems Inc. did not utilize financial leverage through debt financing during these years, maintaining a potentially conservative capital structure focused on equity funding. The absence of debt suggests a low financial risk profile related to leverage, but it may also imply limited use of debt for growth initiatives or operational leverage strategies. Overall, the data reflect a stable, debt-free capital position over this four-year span.
Peer comparison
Dec 31, 2024