Penumbra Inc (PEN)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,150,930 | 1,104,280 | 1,161,230 | 1,203,530 | 1,178,940 | 1,104,140 | 1,066,540 | 1,024,470 | 998,858 | 973,752 | 970,015 | 959,302 | 953,927 | 690,939 | 678,928 | 655,091 | 641,498 | 622,406 | 624,794 | 488,933 |
| Debt-to-capital 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, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,150,930K)
= 0.00
The debt-to-capital ratio of Penumbra Inc has consistently remained at 0.00 over the past several reporting periods, from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period, implying that its capital is primarily sourced from equity or alternative sources. A debt-to-capital ratio of 0.00 signifies a low financial risk related to debt obligations and implies a relatively strong financial position in terms of debt management and financial leverage. It suggests that the company may be relying on equity financing or other forms of capital for its operational and investment activities, which can provide greater flexibility and potentially lower financial risk compared to companies with higher debt levels.
Peer comparison
Dec 31, 2024