Pure Storage Inc (PSTG)
Debt-to-capital ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 100,000 | — | 100,000 | — | 100,000 | — | — | 0 | — | 0 | — | 0 | — | 0 | — | 786,779 |
| Total stockholders’ equity | US$ in thousands | 1,306,480 | 1,410,590 | 1,453,160 | 1,373,970 | 1,270,090 | 1,270,090 | 1,148,460 | 1,148,460 | 986,328 | 986,328 | 905,807 | 941,233 | 941,233 | 840,508 | 840,508 | 761,358 | 761,358 | 727,094 | 727,094 | 754,336 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.08 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 |
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 shown a consistent decrease from February 6, 2022, when it was at 0.51, to January 31, 2025, where it stands at 0.00. This trend indicates that the company has significantly reduced its reliance on debt to fund its operations and growth, resulting in a healthier capital structure. The sudden upticks in the ratio on August 6, 2023 (0.09), November 5, 2023 (0.08), and February 4, 2024 (0.07) suggest potential short-term fluctuations in the company's debt levels. However, overall, the decreasing trend implies that Pure Storage Inc is effectively managing its debt obligations and is likely maintaining a more sustainable financial position.
Peer comparison
Jan 31, 2025