Teradyne Inc (TER)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,708,710 | 2,525,900 | 2,451,290 | 2,568,690 | 2,207,020 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,708,710K)
= 0.00
Based on the data provided, Teradyne Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not taken on any debt relative to its capital structure over this period. A debt-to-capital ratio of 0.00 suggests that the company is not relying on debt financing to fund its operations and investments, which can be viewed positively as it indicates a lower financial risk and potential financial strength. However, it is also important to consider that a very low or zero debt-to-capital ratio may limit the company's ability to take advantage of leverage for growth opportunities.
Peer comparison
Dec 31, 2024