Semtech Corporation (SMTC)
Debt-to-capital ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 1,371,040 | — | 1,296,970 |
| Total stockholders’ equity | US$ in thousands | 542,400 | -307,434 | -307,434 | 755,852 | 755,852 |
| Debt-to-capital ratio | 0.00 | — | 1.29 | 0.00 | 0.63 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $542,400K)
= 0.00
The debt-to-capital ratio for Semtech Corporation has shown fluctuations over the years based on the provided data. As of January 29, 2023, the ratio stood at 0.63, indicating that debt comprised 63% of the company's capital structure. By January 31, 2023, the ratio decreased significantly to 0.00, suggesting that the company had either reduced its debt or increased its capital.
However, by January 28, 2024, the debt-to-capital ratio surged to 1.29, signifying that debt constituted 129% of Semtech Corporation's capital, which may raise concerns about the company's financial leverage. Additionally, the data for January 31, 2024, is not available (denoted as "—"), making it challenging to assess the trend for that period.
Subsequently, by January 31, 2025, the debt-to-capital ratio reverted to 0.00, indicating a debt-free capital structure or a minimal level of debt relative to capital. Overall, the fluctuation in the debt-to-capital ratio suggests varying levels of debt utilization by Semtech Corporation over the years, impacting its financial risk profile and capital structure stability.
Peer comparison
Jan 31, 2025