Xencor Inc (XNCR)

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 677,611 723,836 564,325 612,526 668,796 669,010 678,876 683,583 727,496 722,698 742,341 763,023 733,504 618,860 646,938 583,612 572,444 568,483 570,645 593,005
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 ÷ $677,611K
= 0.00

Xencor Inc has consistently maintained a debt-to-equity ratio of 0.00 for the periods spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, relying solely on its equity to fund its activities. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and is not exposed to the risks associated with debt financing. Xencor Inc's stable and low debt-to-equity ratio reflects a strong financial position and a conservative approach to capital structure management.