Sitime Corporation (SITM)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 699,719 | 708,052 | 708,480 | 632,497 | 109,880 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $699,719K)
= 0.00
The debt-to-capital ratio for Sitime Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been utilizing its capital structure without relying on debt financing during this period. A debt-to-capital ratio of 0.00 implies that the company's capital is entirely funded by equity, which can be seen as a positive indicator of financial stability and reduced financial risk. It suggests that Sitime Corporation has a strong financial position with minimal reliance on external debt to fund its operations or growth initiatives.
Peer comparison
Dec 31, 2024