Power Integrations Inc (POWI)
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 | 749,772 | 749,213 | 730,742 | 738,178 | 752,241 | 785,057 | 767,929 | 762,302 | 755,216 | 750,282 | 710,245 | 820,573 | 912,032 | 908,356 | 870,344 | 853,823 | 810,411 | 779,797 | 759,472 | 743,830 |
| 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 + $749,772K)
= 0.00
The debt-to-capital ratio of Power Integrations Inc has remained consistently at 0.00 over the analyzed periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure or that its debt level is negligible compared to its total capital. This implies that the company is mainly financed by equity rather than debt. Having a low or zero debt-to-capital ratio can be viewed positively as it implies lower financial risk and less financial leverage, which could result in lower interest expenses and greater financial flexibility. However, it's essential to consider that a very low debt level may also limit potential growth opportunities that could be financed with debt.
Peer comparison
Dec 31, 2024