Carlisle Companies Incorporated (CSL)
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 | 2,463,300 | 2,829,000 | 3,024,400 | 2,629,500 | 2,537,700 |
| 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 + $2,463,300K)
= 0.00
Based on the provided data, Carlisle Companies Incorporated has consistently maintained a debt-to-capital ratio of 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 typically suggests that the company relies solely on equity financing, which may indicate a low financial risk and a strong financial position. It may also imply that the company has sufficient internal resources to fund its operations and growth without resorting to external borrowing. However, it is important to note that a zero debt-to-capital ratio may also limit the company's ability to take advantage of potential tax benefits associated with debt and could potentially signal underutilization of financial leverage.
Peer comparison
Dec 31, 2024