Palantir Technologies Inc. Class A Common Stock (PLTR)

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	5,003,280	3,475,560	2,565,330	2,291,030	1,522,550
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 ÷ $5,003,280K
= 0.00

The debt-to-equity ratio for Palantir Technologies Inc. Class A Common Stock has been consistently reported as 0.00 for the years 2020 through 2024. This indicates that the company has no significant debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 typically signifies that the company is primarily financed through equity rather than debt, which may suggest a strong financial position and lower financial risk. It is important to note that interpreting the ratio in isolation may not provide a complete picture of the company's overall financial health, as other factors should also be considered in conjunction with this ratio for a comprehensive analysis.