Albany International Corporation (AIN)

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 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-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 ÷ $943,538K
= 0.00

The debt-to-equity ratio for Albany International Corporation has consistently been 0.00 for every quarter from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company's capital structure is entirely equity-funded, suggesting lower financial risk as there is no reliance on debt to finance operations or expansion. It also indicates that the company may have a strong financial position and may not be significantly leveraged. Overall, based on this consistent pattern of a 0.00 debt-to-equity ratio, Albany International Corporation appears to have a conservative capital structure with no significant debt obligations in relation to its equity.