Pegasystems Inc (PEGA)
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 | 585,480 | 353,838 | 130,843 | 416,088 | 542,172 |
| 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 ÷ $585,480K
= 0.00
The analysis of Pegasystems Inc.'s debt-to-equity ratio over the period from December 31, 2020, to December 31, 2024, indicates that the company has consistently maintained a debt-to-equity ratio of zero throughout this timeframe. This consistent ratio suggests that Pegasystems Inc. has not utilized debt financing and has financed its operations entirely through equity or retained earnings. The absence of leverage, as reflected by the zero ratio, implies a conservative financial structure with no reliance on borrowed funds. This approach may mitigate financial risk associated with debt obligations; however, it could also limit opportunities for growth that leverage might enable. Overall, the data indicates that Pegasystems Inc. has maintained a debt-free capital structure over the analyzed period, illustrating a strategic preference for internal financing or equity funding.
Peer comparison
Dec 31, 2024