Albany International Corporation (AIN)
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 | 943,538 | 990,997 | 967,542 | 967,489 | 961,368 | 914,839 | 910,457 | 892,586 | 863,049 | 816,006 | 817,673 | 860,220 | 873,967 | 876,603 | 864,217 | 822,595 | 816,066 | 746,809 | 703,311 | 666,961 |
| 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 + $943,538K)
= 0.00
The debt-to-capital ratio of Albany International Corporation has consistently been reported as 0.00 for each quarter from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure. This could imply that the company has been financing its operations primarily through equity rather than debt. At a ratio of 0.00, the company has no financial leverage, meaning it is not relying on debt to fund its operations or investments. This can be seen as a positive indicator of financial stability and strength, as the company is not burdened with interest payments and has a lower risk of default.