STAAR Surgical Company (STAA)
Debt-to-capital ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 385,954 | 378,595 | 357,617 | 338,924 | 336,112 | 323,142 | 302,317 | 276,317 | 261,568 | 249,108 | 234,622 | 214,176 | 197,222 | 186,392 | 174,674 | 164,967 | 159,884 | 149,340 | 144,335 | 137,338 |
| 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 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $385,954K)
= 0.00
Given that the debt-to-capital ratio for STAAR Surgical Company has consistently been reported as 0.00 across all the quarters provided, it indicates that the company has not been using debt as a source of financing relative to its capital structure. A debt-to-capital ratio of 0.00 indicates that the company's total debt is effectively zero in relation to its total capital, which includes both debt and equity. This could suggest that STAAR Surgical has been relying more on equity financing or internally generated funds to support its operations and growth rather than taking on debt. This approach can be viewed positively as it implies lower financial risk and potential flexibility in financial management strategies. However, it is essential to consider the overall financial health and performance of the company alongside this ratio to gain a comprehensive understanding of its investment potential.
Peer comparison
Dec 31, 2023