Caterpillar Inc (CAT)
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 | 19,494,000 | 19,494,000 | 15,869,000 | 16,484,000 | 15,331,000 |
| 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 ÷ $19,494,000K
= 0.00
The debt-to-equity ratio of Caterpillar Inc has remained consistent at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any long-term debt to finance its operations and investments during this period. A debt-to-equity ratio of 0.00 suggests that the company relies solely on equity financing, which could indicate a conservative financial approach or strong financial position. However, it's important to consider other financial metrics and factors to get a more complete understanding of the company's overall financial health and leverage position.
Peer comparison
Dec 31, 2024