Texas Instruments Incorporated (TXN)

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	16,903,000	17,268,000	17,214,000	16,983,000	16,897,000	16,631,000	15,940,000	15,243,000	14,577,000	14,507,000	14,092,000	14,017,000	13,333,000	12,151,000	11,153,000	10,166,000	9,187,000	8,325,000	7,644,000	7,734,000
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 ÷ $16,903,000K
= 0.00

The debt-to-equity ratio of Texas Instruments Incorporated has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting that Texas Instruments relies solely on equity financing to fund its operations and investments. This ratio reflects a strong financial position, as lower levels of debt can indicate lower financial risk and greater financial stability. It suggests that the company has minimal financial leverage and is not overly reliant on borrowed funds, which can be advantageous during economic downturns or periods of financial stress. Overall, the consistent 0.00 debt-to-equity ratio for Texas Instruments signifies a conservative capital structure and solid financial management.