Pure Storage Inc (PSTG)
Debt-to-capital ratio
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 100,000 | — | 0 | — |
| Total stockholders’ equity | US$ in thousands | 1,306,480 | 1,270,090 | 1,270,090 | 941,233 | 941,233 |
| Debt-to-capital ratio | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,306,480K)
= 0.00
The debt-to-capital ratio of Pure Storage Inc has been consistently low over the past few years, with a ratio of 0.00 as of January 31, 2023, February 5, 2023, and January 31, 2024. However, there was a slight increase to 0.07 as of February 4, 2024, before returning to 0.00 as of January 31, 2025. This indicates that the company has minimal debt relative to its total capital structure, suggesting a lower financial risk and potentially strong financial health. It is important to monitor any fluctuations in this ratio in the future to assess the company's leverage and debt management strategies.
Peer comparison
Jan 31, 2025