Power Integrations Inc (POWI)

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	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-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 ÷ $749,772K
= 0.00

Based on the provided data for Power Integrations Inc, the debt-to-equity ratio has been consistently at 0.00 for the period from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 suggests that the company has no debt or a negligible amount of debt in relation to its equity.

A debt-to-equity ratio of 0.00 typically indicates that the company is primarily using equity financing rather than debt to fund its operations and growth. This can be seen as a positive sign, as lower debt levels usually mean lower financial risk and potentially greater financial stability for the company.

In the case of Power Integrations Inc, the consistent 0.00 debt-to-equity ratio over the years may indicate conservative financial management, a strong balance sheet, or strategic decisions to avoid taking on debt. It suggests that the company may have a strong equity base to support its operations and investments without relying heavily on external borrowing.

Overall, the stable and low debt-to-equity ratio for Power Integrations Inc reflects a cautious approach towards leverage and may be viewed positively by investors and creditors concerned about financial risk.