SanDisk Corp (SNDK)
Debt-to-equity 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-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 | 0.00 | 0.00 | 0.00 |
March 31, 2016 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,330,080K
= 0.00
The debt-to-equity ratio for SanDisk Corp from June 30, 2011, to March 31, 2016, remained constant at 0.00. This indicates that the company did not have any financial debt during this period relative to its equity. A debt-to-equity ratio of 0.00 typically suggests that the company may be relying solely on equity financing, which can be viewed positively as it signifies a lower financial risk and a more stable capital structure. However, it is important to consider other factors such as the industry norms, growth plans, and overall financial health of the company to get a more comprehensive understanding of its financial position.