Bio-Rad Laboratories Inc (BIO)

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 6,569,300 8,741,130 9,615,250 13,667,100 9,879,940
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 ÷ $6,569,300K
= 0.00

Bio-Rad Laboratories Inc has consistently maintained a debt-to-equity ratio of 0.00 across the years 2020 to 2024. This indicates that the company has not relied on debt to finance its operations and growth, opting instead for equity financing. A debt-to-equity ratio of 0.00 typically suggests a conservative financial structure, where the company has a low level of debt relative to its equity. This could signify a lower financial risk and a strong financial position, as the company is not burdened by high levels of debt obligations.