Vishay Intertechnology Inc (VSH)
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 | 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-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 ÷ $2,028,960K
= 0.00
Vishay Intertechnology Inc has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 suggests a low financial risk, as there is no debt burden on the company's capital structure.
While a lower debt-to-equity ratio is generally considered favorable as it signifies a lower financial risk, it is essential to consider the context of the industry and the company's specific circumstances. In the case of Vishay Intertechnology Inc, the consistent 0.00 debt-to-equity ratio may reflect a deliberate strategic decision to avoid debt and maintain a strong financial position. However, it is also crucial to evaluate how this capital structure choice may impact the company's ability to optimize its capital structure for growth opportunities or strategic investments in the future.
Peer comparison
Dec 31, 2024