Sitime Corporation (SITM)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 699,719 | 696,235 | 692,512 | 696,210 | 708,052 | 710,342 | 708,267 | 713,660 | 708,480 | 694,442 | 680,284 | 653,874 | 632,497 | 325,997 | 303,926 | 295,269 | 109,880 | 102,823 | 99,569 | 58,014 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $699,719K)
= 0.00
The debt-to-capital ratio of Sitime Corporation has consistently been at 0.00 for the past several quarters, from March 31, 2020, to December 31, 2024. This indicates that Sitime Corporation has not been utilizing debt to fund its operations or investments significantly, as the ratio is calculated by dividing the total debt by the total capital (debt plus equity). A low or zero debt-to-capital ratio suggests that the company is relying more on equity financing rather than debt financing, which can be seen as a positive sign of financial stability and lower financial risk. Overall, Sitime Corporation's consistent zero debt-to-capital ratio indicates a conservative financial strategy in terms of leveraging debt to support its business activities.
Peer comparison
Dec 31, 2024