Alamo Group Inc (ALG)
Debt-to-equity 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-equity ratio | 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 ÷ $1,018,250K
= 0.00
The debt-to-equity ratio of Alamo Group Inc has consistently been at 0.00 for the years 2020 to 2024. This indicates that the company has not utilized debt as a source of financing, relying solely on equity to fund its operations and growth. A debt-to-equity ratio of 0.00 signifies a conservative financial structure and a low level of financial risk, as there is no debt to compare against the equity in the company. Alamo Group Inc's stable and low debt-to-equity ratio may suggest a strong financial position and the ability to manage its capital structure effectively.
Peer comparison
Dec 31, 2024