Crane Company (CR)
Debt-to-capital 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 | 1,638,700 | 1,357,800 | 1,907,100 | 1,835,100 | 1,531,100 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,638,700K)
= 0.00
Based on the data provided, Crane Company's debt-to-capital ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely financed by equity, which may signify a strong financial position with no financial leverage through debt. It is important to note that while a low debt-to-capital ratio can indicate financial stability, it may also imply missed opportunities for leveraging debt financing for potential growth or tax advantages. Further analysis of the company's capital structure and financial strategy would provide a more comprehensive understanding of its overall financial health and risk profile.
Peer comparison
Dec 31, 2024