ResMed Inc (RMD)

Debt-to-equity ratio

Mar 31, 2025 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 5,546,130 5,253,010 5,195,030 4,864,040 4,629,920 4,481,850 4,250,380 4,129,900 3,932,510 3,738,130 3,432,890 3,360,750 3,278,800 3,145,840 3,026,050 2,885,680 2,709,230 2,864,980 2,678,860 2,497,030
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

March 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,546,130K
= 0.00

The analysis of ResMed Inc's debt-to-equity ratio over the observed period indicates that the company has maintained a consistently zero ratio from June 30, 2020, through March 31, 2025. This persistent pattern signifies that ResMed has not reported any debt relative to its equity during these periods. Such a stable and zero debt-to-equity ratio suggests that the company has financed its operations entirely through equity and retained earnings, without relying on external debt or borrowings. This financial structure reflects a conservative approach to leverage, indicating a lower financial risk profile and emphasizing reliance on internal capital resources for growth and operational needs. The absence of debt also implies a potentially strong liquidity position, reduced interest obligations, and a strategic preference for organic growth without leveraging debt financing.