Alamo Group Inc (ALG)
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 | 1,018,250 | 1,017,720 | 979,716 | 956,556 | 932,763 | 887,734 | 865,942 | 822,348 | 785,360 | 737,031 | 736,442 | 727,180 | 705,663 | 691,662 | 671,881 | 641,881 | 625,643 | 605,213 | 577,151 | 560,409 |
| 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 + $1,018,250K)
= 0.00
The debt-to-capital ratio for Alamo Group Inc has consistently been 0.00% across the periods between March 31, 2020, and December 31, 2024. This indicates that the company has not utilized any debt as a source of financing relative to its total capital during these periods. A debt-to-capital ratio of 0.00% suggests that the company funds its operations and investments predominantly through equity rather than debt. While a low debt level can signify financial strength and stability, it is essential to consider the overall capital structure and the company's specific industry context when evaluating the implications of this ratio for Alamo Group Inc.
Peer comparison
Dec 31, 2024