Insulet Corporation (PODD)
Debt-to-capital 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 | 1,211,600 | 732,700 | 476,400 | 556,300 | 603,600 |
| Debt-to-capital ratio | 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 + $1,211,600K)
= 0.00
The debt-to-capital ratio of Insulet Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during these years, relying solely on equity to finance its operations and investments. A debt-to-capital ratio of 0.00 signifies a low financial risk and a strong financial position, as the company is not burdened by debt obligations relative to its capital base. Insulet Corporation's stable and low debt-to-capital ratio suggests a conservative approach to managing its capital structure and financial leverage.
Peer comparison
Dec 31, 2024