Carlisle Companies Incorporated (CSL)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.36 | 2.34 | 2.39 | 2.76 | 2.31 |
The solvency ratios of Carlisle Companies Incorporated indicate a consistently strong financial position over the years.
- The Debt-to-assets ratio has remained at 0.00% from 2020 to 2024, indicating that the company has no debt in relation to its total assets. This suggests that Carlisle Companies has a low financial risk associated with its assets.
- Similarly, the Debt-to-capital ratio and the Debt-to-equity ratio have also maintained a stable 0.00% throughout the period, showcasing that the company's capital structure is primarily equity-funded, with no reliance on debt for financing operations.
- The Financial leverage ratio, which measures the extent to which the company relies on debt in its capital structure, has fluctuated slightly between 2.31 to 2.76 but remains relatively low and consistent over the years. This indicates that Carlisle Companies has a conservative approach to leveraging debt in its operations.
Overall, based on these solvency ratios, Carlisle Companies Incorporated appears to have a solid financial foundation with minimal debt obligations and a healthy capital structure, which bodes well for its long-term sustainability and ability to weather financial challenges.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 16.16 | 13.31 | 14.34 | 7.01 | 6.28 |
The interest coverage ratio of Carlisle Companies Incorporated has shown a positive trend over the past five years, indicating the company's ability to meet its interest obligations comfortably. The ratio has increased from 6.28 in December 31, 2020, to 16.16 in December 31, 2024. This improvement suggests that Carlisle Companies Incorporated has a solid financial position and is generating sufficient earnings to cover its interest expenses multiple times over. The significant increase in the interest coverage ratio from 2020 to 2024 reflects the company's effective management of debt and strong operational performance. Overall, the upward trend in the interest coverage ratio reflects positively on Carlisle Companies' financial health and its capacity to manage its debt obligations.