Perficient Inc (PRFT)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 530,623 | 502,689 | 474,691 | 438,179 | 410,127 | 384,270 | 366,731 | 343,550 | 364,765 | 423,252 | 411,993 | 398,534 | 394,078 | 386,425 | 410,053 | 393,524 | 381,015 | 369,248 | 359,147 | 349,813 |
| 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, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $530,623K)
= 0.00
The debt-to-capital ratio of Perficient Inc. has displayed a decreasing trend from Q1 2022 to Q4 2023. This ratio indicates the proportion of debt in the company's capital structure. A lower ratio suggests a lower reliance on debt financing for operations and investments, which can be perceived positively by creditors and investors. The decreasing trend may reflect improved financial stability and a stronger capital position over the past quarters. However, it is important to monitor this metric over time to assess Perficient Inc.'s ongoing debt management and capital structure strategies.
Peer comparison
Dec 31, 2023