Palantir Technologies Inc. Class A Common Stock (PLTR)

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	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-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 ÷ $5,003,280K
= 0.00

The debt-to-equity ratio for 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 had any long-term debt on its balance sheet during this period relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company has not relied on external funding through debt to finance its operations or growth, and it is entirely funded by equity.

Having a debt-to-equity ratio of 0.00 can be viewed positively as it suggests that the company has a strong financial position, is not burdened by debt obligations, and has a lower financial risk compared to companies with higher debt levels. However, it's also important to note that a very low or zero debt-to-equity ratio may limit the company's ability to benefit from financial leverage and tax advantages associated with debt financing.

Overall, Palantir Technologies Inc.'s consistent 0.00 debt-to-equity ratio over the analyzed period reflects a cautious approach towards managing its capital structure and financial risk, as well as maintaining a healthy balance between debt and equity financing.