SanDisk Corp (SNDK)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2015 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,738,920K
= 0.00
SanDisk Corp has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2011, to December 31, 2015. This indicates that the company has not utilized any debt financing to fund its operations or growth, relying solely on equity. A debt-to-equity ratio of 0.00 reflects a conservative financial strategy with a low level of financial risk, as there is no financial leverage present in the company's capital structure. It suggests that SanDisk Corp has a strong equity base to support its activities and indicates a stable financial position with no significant debt obligations.
Peer comparison
Dec 31, 2015