Brunswick Corporation (BC)

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 5,677,700 2,034,300 2,013,600 2,049,600 2,087,400 2,085,800 2,101,400 2,062,500 2,042,300 2,001,000 2,004,600 1,979,900 1,914,200 1,849,700 1,769,500 1,642,600 1,510,000 1,458,200 1,364,400 1,303,700
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 ÷ $5,677,700K
= 0.00

The debt-to-equity ratio for Brunswick Corporation has consistently been 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its equity over these periods. As a result, Brunswick Corporation has been relying solely on equity financing, suggesting a conservative financial leverage strategy. A low debt-to-equity ratio typically indicates lower financial risk due to lower debt levels, potentially making the company more attractive to investors and creditors. While a zero debt-to-equity ratio may seem unusual, it is not necessarily a negative sign, especially if the company can sustain its operations and growth without the need for debt financing.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
Brunswick Corporation
BC
0.00
BWX Technologies Inc
BWXT
0.97
Cummins Inc
CMI
0.65