Sitime Corporation (SITM)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $699,719K
= 0.00
The debt-to-equity ratio of Sitime Corporation has been consistently at 0.00 from December 31, 2020, to December 31, 2024, indicating that the company has had no debt relative to its equity over this period. A debt-to-equity ratio of 0.00 suggests that the company has not relied on debt financing to fund its operations or growth, which can be viewed positively as it implies a lower financial risk and dependency on external sources of funding. However, it's important to note that a zero debt-to-equity ratio may also indicate a conservative financial approach, which could result in missed opportunities for leveraging debt to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024