PTC Inc (PTC)

Debt-to-capital ratio

		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	Dec 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	3,214,400	3,014,680	2,943,130	2,806,650	2,677,290	2,598,660	2,518,530	2,400,550	2,296,030	2,157,170	2,083,980	1,953,810	2,038,470	1,724,960	1,650,530	1,494,930	1,438,250	1,327,570	1,274,080	1,247,820
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

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 been consistently recorded as 0.00 for the past eight quarters, indicating that the company has not used debt as a source of capital during this period. A debt-to-capital ratio of 0.00 signifies that the company has not relied on borrowed funds to finance its operations or investments, and instead has funded its activities predominantly through equity. This could suggest a financially conservative approach by PTC Inc, as it has not taken on debt to expand its operations or grow its business. It is important to note that a debt-to-capital ratio of 0.00 may also imply that the company has high levels of equity relative to its total capital, which could potentially signal financial stability and a lower risk profile.