Skyworks Solutions Inc (SWKS)

Debt-to-equity ratio

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	1,326,400	1,297,300	1,346,800	1,401,400	1,502,400	1,523,100	1,521,700	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	6,336,700	6,336,400	6,359,200	6,227,200	6,082,700	5,877,900	5,732,900	5,549,900	5,469,000	5,294,600	5,188,600	5,334,200	5,297,100	5,002,800	4,712,300	4,414,900	4,164,200	4,182,400	4,142,800	4,267,300
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.24	0.24	0.25	0.27	0.28	0.29	0.30	0.00	0.00	0.00	0.00	0.00	0.00

September 30, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,336,700K
= 0.00

The debt-to-equity ratio of Skyworks Solutions Inc shows a consistent trend of being low or zero in recent quarters. In the most recent quarter, the debt-to-equity ratio remains at 0.00, indicating that the company has no debt relative to its equity.

Looking back over the past few quarters, the ratio has been relatively stable, with minor fluctuations within a narrow range. It is noteworthy that there was a sudden increase to 0.30 in March 2021, which may have been due to specific financing activities during that period.

Overall, the consistently low debt-to-equity ratio suggests that Skyworks Solutions Inc has been managing its debt levels prudently and maintaining a healthy balance between debt and equity in its capital structure. This signifies a lower financial risk for the company and may reflect its conservative approach to financing its operations.