Brunswick Corporation (BC)
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 | 200,000 | 2,087,400 | 2,042,300 | 1,914,200 | 1,510,000 |
| 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 ÷ $200,000K
= 0.00
The debt-to-equity ratio for Brunswick Corporation has consistently been 0.00 over the years 2020 to 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity for its funding. A zero debt-to-equity ratio typically suggests that the company may not be utilizing leverage as a part of its capital structure, which can be viewed positively in terms of financial risk and stability. However, it is important to consider the overall context of the company's financial strategy and industry norms when interpreting this ratio.
Peer comparison
Dec 31, 2024