Tandem Diabetes Care Inc (TNDM)
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 | 263,098 | 313,632 | 439,947 | 433,112 | 366,305 |
| 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 + $263,098K)
= 0.00
Tandem Diabetes Care Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth in the given period. A debt-to-capital ratio of 0.00 reflects that the company's capital structure is primarily composed of equity rather than debt, suggesting a low financial risk and a conservative approach to leverage. The absence of debt in the capital structure may imply lower interest payments, lower financial leverage, and potentially more financial flexibility in managing its operations and investments.
Peer comparison
Dec 31, 2024