Ametek Inc (AME)
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 | 9,655,300 | 9,550,220 | 9,252,400 | 8,968,220 | 8,730,190 | 8,342,510 | 8,081,370 | 7,757,120 | 7,476,510 | 7,132,670 | 6,950,090 | 6,931,690 | 6,871,880 | 6,558,400 | 6,343,300 | 6,120,750 | 5,949,350 | 5,704,190 | 5,486,440 | 5,326,000 |
| 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 + $9,655,300K)
= 0.00
The debt-to-capital ratio of Ametek Inc has remained consistently at 0.00 from March 2020 to December 2024. This indicates that the company has not utilized debt significantly as a source of financing its operations and growth. A low or zero debt-to-capital ratio generally suggests that the company relies more on equity financing, which could be viewed positively by investors and creditors as it signifies lower financial risk and potentially greater stability. However, it is important to consider that a zero debt-to-capital ratio may also imply missed opportunities for leveraging debt for potential growth or tax advantages. Overall, the sustained low level of debt to capital ratio reflects Ametek Inc's conservative financial management approach and its ability to maintain a strong capital structure over the period analyzed.
Peer comparison
Dec 31, 2024