Brunswick Corporation (BC)

Debt-to-capital 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 200,000 2,087,400 2,042,300 1,914,200 1,510,000
Debt-to-capital ratio 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 + $200,000K)
= 0.00

Based on the data provided, the debt-to-capital ratio for Brunswick Corporation has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in relation to its capital during this period. A debt-to-capital ratio of 0.00 reflects a strong financial position with minimal financial risk associated with leverage. Brunswick Corporation appears to be financing its operations and growth primarily through equity rather than debt, which can be viewed positively by investors and creditors.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Brunswick Corporation
BC
0.00
BWX Technologies Inc
BWXT
0.49
Cummins Inc
CMI
0.39