Debt to Equity
since 2005
Calculation
Synopsys Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Total Synopsys stockholders’ equity1 | |
|---|---|---|---|---|---|
| Oct 31, 2024 | 0.00 | = | 15,601) | ÷ | 8,990,702) |
| Oct 31, 2023 | 0.00 | = | 18,078) | ÷ | 6,147,308) |
| Oct 31, 2022 | 0.00 | = | 20,824) | ÷ | 5,515,725) |
| Oct 31, 2021 | 0.02 | = | 100,086) | ÷ | 5,295,137) |
| Oct 31, 2020 | 0.03 | = | 127,907) | ÷ | 4,907,404) |
| Oct 31, 2019 | 0.03 | = | 137,707) | ÷ | 4,083,013) |
| Oct 31, 2018 | 0.13 | = | 469,304) | ÷ | 3,479,152) |
| Oct 31, 2017 | 0.04 | = | 143,987) | ÷ | 3,275,620) |
| Oct 31, 2016 | 0.06 | = | 205,000) | ÷ | 3,195,146) |
| Oct 31, 2015 | 0.07 | = | 205,000) | ÷ | 3,133,989) |
| Oct 31, 2014 | 0.02 | = | 75,000) | ÷ | 3,056,170) |
| Oct 31, 2013 | 0.04 | = | 105,000) | ÷ | 2,788,277) |
| Oct 31, 2012 | 0.05 | = | 135,000) | ÷ | 2,501,686) |
| Oct 31, 2011 | 0.00 | = | —) | ÷ | 2,101,300) |
| Oct 31, 2010 | 0.00 | = | —) | ÷ | 2,100,182) |
| Oct 31, 2009 | 0.00 | = | —) | ÷ | 1,844,166) |
| Oct 31, 2008 | 0.00 | = | —) | ÷ | 1,528,371) |
| Oct 31, 2007 | 0.00 | = | —) | ÷ | 1,436,393) |
| Oct 31, 2006 | 0.00 | = | —) | ÷ | 1,163,167) |
| Oct 31, 2005 | 0.00 | = | —) | ÷ | 1,218,936) |
Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
1 US$ in thousands
The analysis of the financial data over the reported periods reveals several notable trends in the company's capital structure and equity composition.
- Total Debt
-
The total debt figures are only reported from the period ending October 31, 2013, onwards. Initially, the debt was 135 million USD in 2013, followed by a declining trend reaching a low of approximately 15.6 million USD in 2017. Subsequently, there was a significant spike in total debt to nearly 469 million USD in 2018, after which the debt sharply decreased again to levels below 130 million USD by 2020 and continued to decrease steadily to just over 15 million USD by 2024. This pattern indicates an episodic increase in leverage during 2018, possibly due to borrowing for investment or acquisition, followed by deliberate deleveraging efforts.
- Total Stockholders' Equity
-
The total stockholders’ equity shows a consistent and strong growth trajectory throughout the entire period from 2005 to 2024. Starting at approximately 1.22 billion USD in 2005, equity increased steadily each year, reaching nearly 9 billion USD by 2024. This represents a compound growth that reflects retained earnings accumulation, possibly supported by net income generation and issuance of additional equity. The growth in equity underscores strengthening financial stability and expanding shareholder value over time.
- Debt to Equity Ratio
-
The debt to equity ratio is provided starting in 2013, where the ratio remains relatively very low across all reported years. Ratios stay predominantly below 0.13, indicating a low reliance on debt financing relative to equity. This low leverage level suggests a conservative capital structure, minimizing financial risk associated with debt obligations. The spike in debt observed in 2018 correlates with a ratio increase to 0.13, but it quickly reverts to near negligible levels in the following years.
Overall, the data portrays a company with a strong equity base and minimal dependency on debt, maintaining a conservative leverage approach despite a temporary increase in borrowing in 2018. The substantial and steady rise in stockholders’ equity illustrates ongoing growth and financial robustness, supporting an optimistic outlook regarding the company’s capital strength and stability over the long term.
Comparison to Competitors
Synopsys Inc., debt to equity, long-term trends, comparison to competitors
| Synopsys Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 31, 2024 | 0.00 | 0.04 | 0.40 | 0.53 | 0.32 | — | 2.01 | 0.33 | 0.29 | 9.98 | 0.00 | 0.19 | 0.17 | 0.15 | 0.37 |
| Oct 31, 2023 | 0.00 | 0.01 | 0.22 | 0.19 | 0.51 | — | 2.51 | 0.35 | 0.31 | 84.33 | 0.00 | 1.14 | 0.20 | 0.20 | 0.53 |
| Oct 31, 2022 | 0.00 | 0.00 | 0.29 | 0.27 | 0.72 | — | 2.32 | 0.42 | 0.39 | — | 0.00 | 17.51 | 0.19 | 0.30 | 0.41 |
| Oct 31, 2021 | 0.02 | 0.00 | 0.28 | 0.13 | 0.85 | — | 2.74 | 0.21 | 0.50 | 16.08 | 0.00 | 5.08 | 0.07 | 0.43 | 0.55 |
| Oct 31, 2020 | 0.03 | 0.00 | 0.31 | 0.14 | 0.00 | 2.52 | 2.99 | 0.66 | 0.62 | 5.93 | 0.13 | 2.80 | 0.09 | 0.58 | 0.51 |
| Oct 31, 2019 | 0.03 | 0.00 | 0.39 | 0.16 | — | 2.85 | 3.02 | 0.12 | 0.77 | 2.58 | — | 0.90 | 0.22 | 0.33 | 0.62 |
| Oct 31, 2018 | 0.13 | 0.00 | 0.44 | 0.35 | — | 2.90 | 2.73 | 0.19 | 0.97 | 1.33 | — | 1.99 | 0.21 | 0.60 | 0.94 |
| Oct 31, 2017 | 0.04 | 0.00 | 0.22 | 0.74 | — | 1.42 | 2.66 | 0.36 | 1.23 | 1.08 | — | 0.69 | 0.32 | 2.01 | 0.46 |
| Oct 31, 2016 | 0.06 | 0.00 | 0.26 | 0.93 | — | 1.28 | 2.31 | 0.86 | 0.76 | 0.93 | — | 0.64 | 0.36 | 1.31 | 0.45 |
| Oct 31, 2015 | 0.07 | 0.00 | 0.27 | 0.25 | — | 1.39 | 2.80 | 0.21 | 0.44 | 0.86 | — | 1.00 | 0.49 | 0.84 | 0.44 |
| Oct 31, 2014 | 0.02 | 0.00 | 0.22 | 0.52 | — | 1.20 | 3.44 | 0.16 | 0.25 | 0.52 | — | 1.00 | 0.79 | 1.04 | 0.41 |
| Oct 31, 2013 | 0.04 | 0.01 | 0.23 | 0.28 | — | 0.89 | 1.74 | 0.14 | 0.20 | 0.41 | — | 0.00 | 0.25 | 1.05 | 0.04 |
| Oct 31, 2012 | 0.05 | 0.00 | 0.23 | 0.49 | — | 1.06 | 1.76 | 0.18 | 0.18 | 0.38 | — | 0.00 | 0.35 | 0.00 | — |
| Oct 31, 2011 | 0.00 | 0.00 | 0.26 | 1.04 | — | 1.10 | 1.56 | 0.38 | 0.21 | 0.40 | — | — | 0.38 | — | — |
| Oct 31, 2010 | 0.00 | 0.00 | 0.29 | 1.99 | — | 1.09 | 1.24 | 0.35 | 0.13 | 0.48 | — | — | 0.45 | — | — |
| Oct 31, 2009 | 0.00 | 0.00 | 0.20 | 4.02 | — | 0.95 | 1.15 | 0.39 | 0.15 | 0.41 | — | — | 0.01 | — | — |
| Oct 31, 2008 | 0.00 | 0.00 | 0.08 | 4.91 | — | 1.01 | 2.52 | 0.48 | 0.00 | 0.49 | — | — | 0.00 | — | — |
| Oct 31, 2007 | 0.00 | 0.01 | 0.00 | 0.35 | — | 0.99 | 1.24 | 0.49 | 0.00 | 0.45 | — | — | 0.00 | — | — |
| Oct 31, 2006 | 0.00 | 0.03 | 0.00 | 0.45 | — | 0.52 | 0.80 | 0.00 | 0.00 | 0.39 | — | — | 0.00 | — | — |
| Oct 31, 2005 | 0.00 | 0.04 | 0.00 | 0.31 | — | 0.50 | 0.68 | 0.00 | 0.00 | 0.26 | — | — | 0.01 | — | — |
Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Sector (Software & Services)
Synopsys Inc., debt to equity, long-term trends, comparison to sector (software & services)
| Synopsys Inc. | Software & Services | |
|---|---|---|
| Oct 31, 2024 | 0.00 | 0.54 |
| Oct 31, 2023 | 0.00 | 0.64 |
| Oct 31, 2022 | 0.00 | 0.71 |
| Oct 31, 2021 | 0.02 | 0.83 |
| Oct 31, 2020 | 0.03 | 0.95 |
| Oct 31, 2019 | 0.03 | 1.04 |
| Oct 31, 2018 | 0.13 | 1.08 |
| Oct 31, 2017 | 0.04 | 1.14 |
| Oct 31, 2016 | 0.06 | 0.90 |
| Oct 31, 2015 | 0.07 | 0.73 |
| Oct 31, 2014 | 0.02 | 0.54 |
| Oct 31, 2013 | 0.04 | 0.46 |
| Oct 31, 2012 | 0.05 | 0.44 |
| Oct 31, 2011 | 0.00 | 0.47 |
| Oct 31, 2010 | 0.00 | 0.46 |
| Oct 31, 2009 | 0.00 | 0.45 |
| Oct 31, 2008 | 0.00 | 0.56 |
| Oct 31, 2007 | 0.00 | 0.50 |
| Oct 31, 2006 | 0.00 | 0.31 |
| Oct 31, 2005 | 0.00 | 0.26 |
Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Industry (Information Technology)
Synopsys Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Synopsys Inc. | Information Technology | |
|---|---|---|
| Oct 31, 2024 | 0.00 | 0.61 |
| Oct 31, 2023 | 0.00 | 0.66 |
| Oct 31, 2022 | 0.00 | 0.70 |
| Oct 31, 2021 | 0.02 | 0.83 |
| Oct 31, 2020 | 0.03 | 0.97 |
| Oct 31, 2019 | 0.03 | 0.98 |
| Oct 31, 2018 | 0.13 | 0.83 |
| Oct 31, 2017 | 0.04 | 0.81 |
| Oct 31, 2016 | 0.06 | 0.66 |
| Oct 31, 2015 | 0.07 | 0.56 |
| Oct 31, 2014 | 0.02 | 0.39 |
| Oct 31, 2013 | 0.04 | 0.29 |
| Oct 31, 2012 | 0.05 | 0.25 |
| Oct 31, 2011 | 0.00 | 0.27 |
| Oct 31, 2010 | 0.00 | 0.25 |
| Oct 31, 2009 | 0.00 | 0.26 |
| Oct 31, 2008 | 0.00 | 0.29 |
| Oct 31, 2007 | 0.00 | 0.27 |
| Oct 31, 2006 | 0.00 | 0.20 |
| Oct 31, 2005 | 0.00 | 0.15 |
Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31), 10-K (reporting date: 2012-10-31), 10-K (reporting date: 2011-10-31), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).