Sitime Corporation (SITM)

Debt-to-assets ratio

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 assets US$ in thousands 951,683 747,687 745,504 746,428 750,616 738,054 733,963 698,048 678,209 367,443 334,383 324,076 136,011 127,697 155,476 128,214 123,391
Debt-to-assets 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

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $951,683K
= 0.00

The debt-to-assets ratio for SiTime Corp has been consistently reported as 0.00 across all quarters in the provided data. This indicates that the company has not utilized any debt to finance its assets during the specified periods. A debt-to-assets ratio of 0.00 suggests that SiTime Corp has relied solely on equity financing for its operations and expansion, demonstrating a strong financial position with no debt-related financial risks. Furthermore, this consistent trend of zero debt indicates that the company has been effectively managing its capital structure, potentially leading to lower interest expenses and a higher degree of financial flexibility.


Peer comparison

Dec 31, 2023