Synopsys Inc (SNPS)

Debt-to-equity ratio

		Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Long-term debt	US$ in thousands	15,601	15,599	16,960	16,951	18,078	18,165	20,201	20,569	20,824	21,960	23,775	24,370	25,094	24,754	25,620	25,658	100,823	107,104	114,370	122,516
Total stockholders’ equity	US$ in thousands	8,990,700	7,709,400	7,153,160	6,670,980	6,147,310	5,958,560	5,831,860	5,636,750	5,515,720	5,604,030	5,564,310	5,386,770	5,295,140	5,151,020	5,088,140	4,882,250	4,907,400	4,595,920	4,275,090	4,148,830
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	0.01	0.01	0.02	0.02	0.03	0.03

October 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $15,601K ÷ $8,990,700K
= 0.00

The debt-to-equity ratio for Synopsys Inc has been consistently low over the past few years, ranging from 0.00 to 0.03. A lower debt-to-equity ratio is generally considered favorable as it indicates that the company is relying more on equity financing rather than debt to fund its operations and growth.

The consistent low debt-to-equity ratio suggests that Synopsys Inc has a conservative capital structure with a strong equity base. This may imply lower financial risk as the company is not heavily leveraged with debt. It also indicates that the company is able to meet its financial obligations without relying heavily on external borrowing.

Overall, the trend of the debt-to-equity ratio for Synopsys Inc demonstrates a stable and financially sound capital structure, which may be viewed positively by investors and creditors.