Alamo Group Inc (ALG)
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 | 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-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 ÷ $1,018,250K
= 0.00
The debt-to-equity ratio of Alamo Group Inc has consistently been 0.00 based on the financial data available from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period in relation to its equity. A debt-to-equity ratio of 0.00 signifies that the company is entirely financed by equity, which may indicate financial stability and low financial risk.
It is important to note that a low or zero debt-to-equity ratio may indicate that the company is not leveraging debt to finance its operations or growth. While this can be a positive sign of financial strength and stability, it may also imply missed opportunities for leveraging debt financing to potentially enhance returns for shareholders. Further analysis of the company's capital structure and financial strategy would provide additional insights into its overall financial health and risk profile.
Peer comparison
Dec 31, 2024