TTM Technologies Inc (TTMI)

Debt-to-capital 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 1,563,820 1,547,110 1,528,900 1,521,110 1,511,040 1,501,110 1,544,310 1,527,730 1,535,580 1,522,470 1,474,080 1,447,830 1,455,420 1,466,590 1,470,370 1,442,470 1,444,010 1,399,300 1,445,560 1,277,200
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,563,820K)
= 0.00

TTM Technologies Inc has consistently maintained a debt-to-capital ratio of 0.00 over the past few years, including the recent data up to December 31, 2024. This indicates that the company has not utilized debt to finance its operations or investments relative to its capital structure. A debt-to-capital ratio of 0.00 suggests that TTM Technologies Inc relies entirely on equity financing, signaling a low financial risk and potentially a stronger financial position. However, it is also important to consider that a very low or zero debt-to-capital ratio may limit the company's financial flexibility and ability to leverage debt for growth opportunities or strategic investments. Overall, the stable and low debt-to-capital ratio of TTM Technologies Inc reflects a conservative approach to capital structure management.