STAAR Surgical Company (STAA)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 385,954 | 336,112 | 261,568 | 197,222 | 159,884 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $385,954K
= 0.00
STAAR Surgical Company has consistently maintained a debt-to-equity ratio of 0.00 over the past five years. This indicates that the company has not utilized any debt to finance its operations and is relying entirely on equity for funding. A debt-to-equity ratio of 0.00 suggests a conservative financial structure, with low financial risk as there is no external debt to repay. However, it is important to note that a zero debt-to-equity ratio can also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders. Overall, STAAR Surgical Company's stable and low debt-to-equity ratio reflects a cautious approach to financial management.
Peer comparison
Dec 31, 2023