PTC Inc (PTC)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,214,400K
= 0.00
The debt-to-equity ratio of PTC Inc over the past five years has been consistently at 0.00, indicating that the company has had no debt relative to its equity during this period. This suggests that PTC Inc has been primarily financed through equity rather than borrowed funds. While a low debt-to-equity ratio can be a positive indicator of financial stability and lower financial risk, it may also signify missed opportunities to leverage debt for potential growth. It is important to consider the specific circumstances and strategic decisions of the company in conjunction with the debt-to-equity ratio to fully assess PTC Inc's financial health and performance.
Peer comparison
Sep 30, 2024