Sitime Corporation (SITM)

Debt-to-equity 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 stockholders’ equity US$ in thousands 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 62,140
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

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $708,052K
= 0.00

The debt-to-equity ratio of SiTime Corp has consistently remained at 0.00 across all quarters from Q1 2022 to Q4 2023. This indicates that the company has been financing its operations without relying on debt, opting instead for equity financing. A debt-to-equity ratio of 0.00 signifies that the company has no debt on its balance sheet, and its operations are primarily funded through shareholders' equity. This may indicate a strong financial position and lower financial risk for the company, as it is not burdened by debt obligations. It also suggests that SiTime Corp may have sufficient internal resources or investor support to fund its growth and operations without resorting to borrowing.


Peer comparison

Dec 31, 2023