SanDisk Corp (SNDK)
Debt-to-capital ratio
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,738,920 | 6,528,060 | 6,967,870 | 7,263,900 | 7,064,360 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2015 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,738,920K)
= 0.00
Based on the data provided, SanDisk Corp's debt-to-capital ratio has consistently been 0.00 from December 31, 2011, to December 31, 2015. This indicates that the company has not used any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 suggests that the company has been relying solely on equity financing, which may reflect a conservative financial policy or a strong financial position that does not require additional debt. It also implies a lower financial risk compared to companies with higher debt levels. However, it is important to consider other financial metrics and factors to evaluate the overall financial health and performance of SanDisk Corp.
Peer comparison
Dec 31, 2015