Vishay Intertechnology Inc (VSH)

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 2,028,960 2,167,670 2,175,860 2,181,980 2,196,080 2,138,280 2,210,620 2,143,010 2,046,250 1,896,800 1,837,420 1,812,780 1,743,750 1,725,520 1,657,020 1,565,450 1,576,380 1,536,640 1,496,380 1,467,120
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 + $2,028,960K)
= 0.00

The debt-to-capital ratio for Vishay Intertechnology Inc has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company has financed its operations primarily through equity rather than debt. This may imply a lower financial risk as the company is not relying on borrowed funds to support its operations.

It is important to note that while a low debt-to-capital ratio can be favorable in terms of financial stability and risk management, it may also indicate missed opportunities for leveraging debt to potentially enhance returns on equity. Additionally, an entirely equity-funded capital structure may limit the company's financial flexibility in certain situations, such as expansion or investment opportunities that could benefit from debt financing.

Overall, the consistent 0.00 debt-to-capital ratio for Vishay Intertechnology Inc suggests a conservative approach to capital structure management, prioritizing financial stability and potentially avoiding the risks associated with high levels of debt.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Vishay Intertechnology Inc
VSH
0.00
Hubbell Inc
HUBB
0.31
Mercury Systems Inc
MRCY
0.29
Universal Display
OLED
0.00