Sandisk Corp (SNDK)
Debt-to-equity ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,216,000 | 9,161,000 | 12,001,000 | 12,126,000 | 11,082,000 | — | — | 11,439,000 | 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 |
| 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 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,216,000K
= 0.00
The debt-to-equity ratio for Sandisk Corp remained consistently at 0.00 across all reported periods from June 30, 2013, through September 30, 2023. This indicates that during these time frames, the company did not utilize debt financing relative to its equity base. The persistent absence of reported debt suggests that Sandisk financed its operations predominantly through equity rather than debt instruments.
The data also notes that for several future periods beyond September 2023, the ratio is either not available or not applicable, with some entries marked as dashes, and the ratio remains at 0.00 during the latest available periods (such as June 30, 2024, and September 30, 2024).
Overall, a debt-to-equity ratio of zero reflects a capital structure entirely composed of equity, implying that the company avoided leverage for the periods in question. This conservative financing approach may reduce financial risk and interest obligations but could also impact growth opportunities and leverage benefits.
Peer comparison
Jun 30, 2025