Crane Company (CR)
Debt-to-capital 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 | 1,638,700 | 1,574,400 | 1,473,300 | 1,404,600 | 1,357,800 | 1,284,000 | 1,235,100 | 2,015,200 | 1,907,100 | 1,708,300 | 1,886,900 | 1,726,200 | 1,835,100 | 1,810,400 | 1,728,100 | 1,598,000 | 1,531,100 | 1,509,100 | 1,423,600 | 1,407,500 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,638,700K)
= 0.00
The debt-to-capital ratio of Crane Company has consistently been 0.00 for all reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing as a significant component of its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is predominantly composed of equity rather than debt. This can be seen as a positive sign of financial stability and low financial risk, as the absence of debt indicates lower interest expenses and lower financial leverage. The consistent 0.00 debt-to-capital ratio suggests that Crane Company has been managing its capital structure prudently and may be relying on internal funds or equity financing to support its operational and investment activities.
Peer comparison
Dec 31, 2024