Insulet Corporation (PODD)

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 1,211,600 1,118,000 998,400 790,700 732,700 607,500 553,900 502,800 476,400 428,000 422,400 446,700 556,300 497,900 459,100 585,300 603,600 595,000 563,300 59,000
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 ÷ $1,211,600K
= 0.00

Insulet Corporation has consistently maintained a debt-to-equity ratio of 0.00 over the historical period from March 31, 2020, to December 31, 2024. This indicates that the company relies entirely on equity financing to support its operations and growth, without taking on any debt. A debt-to-equity ratio of 0.00 signifies a low financial risk as the company is not exposed to the potential pitfalls associated with high debt levels, such as interest payments and debt repayment obligations. Insulet Corporation's consistent zero debt-to-equity ratio suggests a strong financial position and a conservative capital structure, which could be viewed positively by investors and creditors.