Vicor Corporation (VICR)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 540,869 | 528,548 | 500,777 | 480,405 | 464,088 | 452,624 | 444,863 | 431,906 | 423,599 | 411,355 | 392,586 | 370,164 | 350,820 | 337,262 | 326,324 | 206,681 | 205,562 | 202,269 | 193,863 | 190,243 |
| 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, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $540,869K)
= 0.00
The debt-to-capital ratio for Vicor Corp. has consistently remained at 0.00 for all quarters displayed in the table. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure, as the ratio is calculated by dividing total debt by total capital (which includes both debt and equity). In this case, the ratio suggests that Vicor Corp. is operating with a capital structure that is entirely funded by equity, without the use of any debt financing. This may indicate strong financial health and stability as the company is not relying on borrowed funds to support its operations or growth initiatives.
Peer comparison
Dec 31, 2023