Palantir Technologies Inc. Class A Common Stock (PLTR)
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 | 5,003,280 | 4,498,140 | 4,050,520 | 3,775,230 | 3,475,560 | 3,190,020 | 2,955,470 | 2,723,730 | 2,565,330 | 2,386,620 | 2,348,820 | 2,364,750 | 2,291,030 | 2,248,060 | 2,068,960 | 1,805,940 | 1,522,550 | 1,251,750 | 761,993 | 146,589 |
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 + $5,003,280K)
= 0.00
The debt-to-capital ratio of Palantir Technologies Inc. Class A Common Stock has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00 means that the company's capital structure is entirely composed of equity, implying lower financial risk as there is no debt to repay. It suggests that Palantir Technologies has chosen to fund its operations and investments predominantly through equity financing rather than taking on debt. An ongoing low or zero debt-to-capital ratio can reflect a conservative financial strategy focused on financial stability and avoiding the risks associated with debt obligations.
Peer comparison
Dec 31, 2024
See also:
Palantir Technologies Inc. Class A Common Stock Debt to Capital (Quarterly Data)