Api Group Corp (APG)
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 | 2,953,000 | 2,868,000 | 2,127,000 | 2,323,000 | 1,558,000 |
| 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 ÷ $2,953,000K
= 0.00
The debt-to-equity ratio for Api Group Corp remains consistently at zero from December 31, 2020, through December 31, 2024. This indicates that the company has not reported any short-term or long-term debt during this period and has financed its operations entirely through equity. A debt-to-equity ratio of zero reflects a conservative capital structure with no leverage in the form of debt obligations, suggesting that the company does not rely on borrowed funds to finance its assets. This financial positioning can imply lower financial risk and interest obligations; however, it also suggests that the company may forgo leveraging opportunities that could potentially amplify growth if appropriate debt management strategies are implemented. Overall, the consistently zero ratio signifies a debt-free capital structure over the examined timeframe.
Peer comparison
Dec 31, 2024