Carlisle Companies Incorporated (CSL)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,816,600 | 6,620,000 | 7,222,000 | 7,246,800 | 5,866,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,816,600K
= 0.00
The debt-to-assets ratio for Carlisle Companies Incorporated has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that all of the company's assets are entirely funded by equity, which may indicate a strong financial position and lower risk compared to companies with higher debt levels. While debt can be a useful tool for leveraging growth, Carlisle's consistent low debt-to-assets ratio suggests a conservative approach to capital structure and financial risk management.
Peer comparison
Dec 31, 2024