PTC Inc (PTC)
Debt-to-capital ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,214,400 | 2,677,290 | 2,296,030 | 2,038,470 | 1,438,250 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,214,400K)
= 0.00
Based on the data provided, the debt-to-capital ratio for PTC Inc has consistently been 0.00 over the past five years. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 reflects that the company's capital is entirely financed by equity rather than external borrowing. While a zero debt-to-capital ratio suggests financial stability and less financial risk due to a lack of debt obligations, it may also indicate missed opportunities for leveraging debt to finance growth or take advantage of tax benefits associated with interest payments. It is important to note that the context of the industry and the company's specific financing strategy should be considered in evaluating the implications of a consistently low debt-to-capital ratio over time.
Peer comparison
Sep 30, 2024