TTM Technologies Inc (TTMI)

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 1,563,820 1,511,040 1,535,580 1,455,420 1,444,010
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 ÷ $1,563,820K
= 0.00

Based on the data provided, TTM Technologies Inc has consistently maintained a debt-to-equity ratio of 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 to fund its activities. A debt-to-equity ratio of 0.00 typically signifies that the company has a strong financial position with little to no financial risk associated with debt obligations. It suggests that the company may have ample financial flexibility and may be less susceptible to financial distress caused by high levels of debt. However, it is important to consider other financial metrics and factors to assess the overall financial health and performance of TTM Technologies Inc.