Penumbra Inc (PEN)
Debt-to-equity 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-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, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,150,930K
= 0.00
Penumbra Inc has consistently maintained a debt-to-equity ratio of 0.00 throughout the provided data timeline from March 31, 2020, to December 31, 2024. This indicates that the company has been operating with zero debt relative to its equity over this period. A debt-to-equity ratio of 0.00 typically signifies that the company is not relying on external borrowing to finance its operations, reflecting a strong financial position and potentially lower financial risk. Penumbra Inc's consistent zero debt-to-equity ratio suggests that the company has been managing its capital structure effectively, potentially indicating prudent financial management and a stable financial foundation.
Peer comparison
Dec 31, 2024