SanDisk Corp (SNDK)
Debt-to-capital ratio
| Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Jun 30, 2012 | Mar 31, 2012 | Dec 31, 2011 | Sep 30, 2011 | Jun 30, 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,330,080 | 5,738,920 | 5,634,080 | 5,621,980 | 5,953,460 | 6,655,200 | 7,064,710 | 7,302,100 | 7,232,260 | 6,967,870 | 6,605,540 | 7,347,840 | 7,322,430 | 7,263,900 | 7,212,360 | 7,041,840 | 7,032,640 | 5,782,620 | 6,719,030 | 6,363,730 |
| 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 |
March 31, 2016 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,330,080K)
= 0.00
The debt-to-capital ratio for SanDisk Corp remained consistently at 0.00 from June 30, 2011, to March 31, 2016. This indicates that the company did not have any debt in relation to its capital during this period. A debt-to-capital ratio of 0.00 signifies that the company did not rely on debt financing to fund its operations, which can be viewed positively by investors and creditors as it suggests lower financial risk. However, it is essential to consider other financial metrics and factors when evaluating the overall financial health and performance of SanDisk Corp.