Debt to Equity
since 2020
Calculation
Palantir Technologies Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Debt, noncurrent, net1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | = | —) | ÷ | 3,475,561) |
| Dec 31, 2022 | 0.00 | = | —) | ÷ | 2,565,326) |
| Dec 31, 2021 | 0.00 | = | —) | ÷ | 2,291,030) |
| Dec 31, 2020 | 0.13 | = | 197,977) | ÷ | 1,522,550) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 US$ in thousands
Comparison to Competitors
Palantir Technologies Inc., debt to equity, long-term trends, comparison to competitors
| Palantir Technologies Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | 0.01 | 0.22 | 0.19 | 0.51 | 2.51 | 0.35 | 0.31 | 84.33 | 1.14 | 0.20 | 0.20 | 0.00 |
| Dec 31, 2022 | 0.00 | 0.00 | 0.29 | 0.27 | 0.72 | 2.32 | 0.42 | 0.39 | — | 17.51 | 0.19 | 0.30 | 0.00 |
| Dec 31, 2021 | 0.00 | 0.00 | 0.28 | 0.13 | 0.85 | 2.74 | 0.21 | 0.50 | 16.08 | 5.08 | 0.07 | 0.43 | 0.02 |
| Dec 31, 2020 | 0.13 | 0.00 | 0.31 | 0.14 | 0.00 | 2.99 | 0.66 | 0.62 | 5.93 | 2.80 | 0.09 | 0.58 | 0.03 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Comparison to Sector (Software & Services)
Palantir Technologies Inc., debt to equity, long-term trends, comparison to sector (software & services)
| Palantir Technologies Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 0.64 |
| Dec 31, 2022 | 0.00 | 0.71 |
| Dec 31, 2021 | 0.00 | 0.83 |
| Dec 31, 2020 | 0.13 | 0.95 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Comparison to Industry (Information Technology)
Palantir Technologies Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Palantir Technologies Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 0.66 |
| Dec 31, 2022 | 0.00 | 0.70 |
| Dec 31, 2021 | 0.00 | 0.83 |
| Dec 31, 2020 | 0.13 | 0.97 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).