PTC Inc (PTC)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,214,400K
= 0.00

The debt-to-equity ratio of PTC Inc has consistently been recorded as 0.00 across various reporting periods from December 2019 to September 2024. This indicates that the company has had no debt or very minimal debt relative to its equity during these periods. A debt-to-equity ratio of 0.00 implies that the company's equity (or ownership) is financing its operations entirely without relying on external debt. This can be a positive sign, as it suggests that the company may have a strong financial position with low financial risk related to debt obligations. However, it's important to note that having a very low debt-to-equity ratio may also mean missed opportunities for leveraging debt for potential growth or tax benefits. Overall, further exploration into the company's capital structure and financial strategy would provide a more comprehensive understanding of its financial health and operations.