ResMed Inc (RMD)
Debt-to-equity ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,864,040 | 4,129,900 | 3,360,750 | 2,885,680 | 2,497,030 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,864,040K
= 0.00
The debt-to-equity ratio of ResMed Inc for the past five years has consistently been reported as 0.00. This indicates that the company has not had any long-term debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 suggests that ResMed Inc has been primarily funded by equity rather than debt, signaling a lower financial risk due to a lack of significant debt obligations. This stable and low debt-to-equity ratio reflects a conservative financing strategy and a strong financial position, as the company has not relied heavily on debt to support its operations or growth.
Peer comparison
Jun 30, 2024