Trimble Inc (TRMB)
Debt-to-equity 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 | 5,745,300 | 4,500,100 | 4,050,200 | 3,944,700 | 3,596,900 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,745,300K
= 0.00
The debt-to-equity ratio of Trimble Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically suggests a low financial risk, as there is no debt that needs to be repaid. Trimble Inc's financial structure appears to be conservative with a strong reliance on equity capital to support its business activities.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Trimble Inc
TRMB
0.00
Onto Innovation Inc
ONTO
0.00
Rockwell Automation Inc
ROK
0.73
Thermo Fisher Scientific Inc
TMO
0.00