Trimble Inc (TRMB)
Debt-to-equity ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,745,300 | 5,875,100 | 5,633,400 | 4,349,100 | 4,500,100 | 4,343,000 | 4,331,300 | 4,245,200 | 4,050,200 | 3,844,800 | 3,894,500 | 3,987,900 | 3,944,700 | 3,881,800 | 3,838,600 | 3,673,600 | 3,596,900 | 3,350,000 | 3,211,900 | 3,101,300 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Trimble Inc has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing compared to its equity. In other words, Trimble Inc has been primarily relying on equity financing to fund its operations and growth initiatives during the specified period. A debt-to-equity ratio of 0.00 may suggest that the company has a strong financial position, as it implies a lower financial risk and a lower level of leverage. However, it is important to consider the company's overall capital structure and the nature of its industry when evaluating the significance of this ratio in terms of financial health and performance.
Peer comparison
Dec 31, 2024