Power Integrations Inc (POWI)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 752,241 | 755,216 | 912,032 | 810,411 | 724,546 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $752,241K
= 0.00
Based on the data provided, Power Integrations Inc. has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, including at the end of 2023. This indicates that the company has been operating without any debt in its capital structure relative to its equity. A debt-to-equity ratio of 0.00 generally suggests that the company is financing its operations primarily through equity, which can be a positive sign as it indicates lower financial risk and potential interest expense. However, it is crucial to consider other financial metrics and factors alongside the debt-to-equity ratio to obtain a comprehensive understanding of the company's financial health and risk profile.
Peer comparison
Dec 31, 2023