Chemed Corp (CHE)
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 | 39,645 | 1,107,880 | 798,715 | 623,273 | 901,200 |
| 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 ÷ $39,645K
= 0.00
Chemed Corp's debt-to-equity ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and growth, relying solely on equity. A debt-to-equity ratio of 0.00 signifies a conservative capital structure with low financial risk, as there is no debt that needs to be serviced or repaid. This may suggest that Chemed Corp has a strong financial position and may be viewed positively by investors and creditors due to its minimal debt obligations. However, it is important to consider other financial metrics and factors to obtain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024