Vicor Corporation (VICR)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 540,869 | 464,088 | 423,599 | 350,820 | 205,562 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $540,869K
= 0.00
Vicor Corp. has consistently maintained a debt-to-equity ratio of 0.00 across the five years presented (from 2019 to 2023). This indicates that the company has not utilized debt financing to fund its operations during this period. A debt-to-equity ratio of 0.00 typically signifies that the company is entirely equity-financed or has minimal debt in its capital structure. While being debt-free can imply a lower financial risk and greater financial stability, it may also suggest missed opportunities for leveraging financial leverage for potential growth or expansion. Further analysis into the company's strategic decisions regarding capital structure and potential limitations on growth due to the absence of debt financing would provide a more holistic understanding of Vicor Corp.'s financial position.
Peer comparison
Dec 31, 2023