STAAR Surgical Company (STAA)
Debt-to-equity 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-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 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $385,954K
= 0.00
Based on the data provided, the debt-to-equity ratio of STAAR Surgical Company has consistently been reported as 0.00 for each period listed. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt or a negligible amount of debt in relation to its equity. This suggests that the company may be primarily funded by equity, which can be viewed positively by investors and creditors as it indicates a lower financial risk and a strong financial position. However, it is important to note that a very low debt-to-equity ratio may also imply limited access to debt financing for potential growth opportunities. Overall, the consistent 0.00 debt-to-equity ratio for STAAR Surgical Company reflects a conservative capital structure with minimal reliance on debt to finance its operations.
Peer comparison
Dec 31, 2023