Crane Company (CR)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,638,700K
= 0.00
Based on the provided data, Crane Company's debt-to-equity ratio has consistently been at 0.00 across multiple periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during these periods and relies entirely on equity to finance its operations and investments. A debt-to-equity ratio of 0.00 typically suggests a very low financial risk, as there is no debt to repay and the company's financial obligations are fully covered by equity. While a debt-free stance may indicate financial stability and independence, it may also imply missed opportunities for leveraging debt financing for potential growth or tax advantages. It is essential to consider the company's overall financial strategy and objectives in evaluating the implications of maintaining such a low debt-to-equity ratio over an extended period.
Peer comparison
Dec 31, 2024