Teleflex Incorporated (TFX)

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	1,727,570	1,950,120	1,470,670	1,549,470	1,624,020	1,593,500	1,605,950	1,740,780	1,740,100	1,948,670	2,215,670	2,295,440	2,377,890	2,035,820	2,328,790	2,340,890	1,858,940	1,949,070	2,081,370	2,072,940
Total stockholders’ equity	US$ in thousands	4,440,990	4,314,050	4,215,090	4,110,250	4,021,970	3,895,160	3,852,730	3,795,530	3,754,750	3,657,870	3,466,100	3,375,790	3,336,460	3,236,200	3,097,400	3,073,020	2,979,320	2,852,980	2,664,840	2,569,880
Debt-to-equity ratio		0.39	0.45	0.35	0.38	0.40	0.41	0.42	0.46	0.46	0.53	0.64	0.68	0.71	0.63	0.75	0.76	0.62	0.68	0.78	0.81

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,727,570K ÷ $4,440,990K
= 0.39

The debt-to-equity ratio of Teleflex Incorporated has shown some fluctuations over the past eight quarters, ranging from 0.37 to 0.49. Generally, a decreasing trend in the debt-to-equity ratio indicates that the company is relying less on debt financing compared to its equity. In Q2 2023, the ratio was at its lowest at 0.37, suggesting a stronger equity position relative to debt. This could signify improved financial stability and reduced financial risk. However, in Q1 2022, the ratio peaked at 0.49, indicating a higher level of leverage, potentially increasing financial risk.

Overall, the debt-to-equity ratio of Teleflex Incorporated appears to have been relatively stable around the 0.40 range, indicating a balanced mix of debt and equity in its capital structure. Investors and analysts may want to closely monitor future changes in this ratio to assess the company's capital structure management and risk profile.