Alamo Group Inc (ALG)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,018,250 | 932,763 | 785,360 | 705,663 | 625,643 |
| Debt-to-capital ratio | 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 + $1,018,250K)
= 0.00
The debt-to-capital ratio for Alamo Group Inc has been consistently 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations or growth during this period. A debt-to-capital ratio of 0.00 typically signifies that the company is primarily financed by equity rather than debt, which may suggest a lower financial risk profile and potential for greater financial stability. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of the company's overall financial health and risk management strategies.
Peer comparison
Dec 31, 2024