Qorvo Inc (QRVO)
Debt-to-equity ratio
Dec 31, 2024 | 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 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 3,380,430 | 3,410,170 | 3,486,260 | 3,556,370 | 3,638,350 | 3,817,190 | 3,812,220 | 3,902,790 | 4,164,570 | 4,322,140 | 4,300,600 | 4,553,220 | 4,667,200 | 4,727,750 | 4,648,390 | 4,629,420 | 4,503,700 | 4,407,170 | 4,351,240 | 4,292,660 |
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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,380,430K
= 0.00
The debt-to-equity ratio of Qorvo Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company's total debt is either extremely low or non-existent compared to its equity or shareholder funds. A debt-to-equity ratio of 0.00 typically signifies that the company is primarily financed through equity rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. It suggests that Qorvo Inc may have a conservative approach to leveraging and managing its capital structure, potentially reducing the financial risks associated with high debt levels.
Peer comparison
Dec 31, 2024