Carlisle Companies Incorporated (CSL)
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 | 2,463,300 | 2,762,900 | 3,004,300 | 2,859,300 | 2,829,000 | 2,923,800 | 3,032,000 | 3,058,300 | 3,024,400 | 3,041,700 | 2,875,100 | 2,678,600 | 2,629,500 | 2,544,800 | 2,417,900 | 2,411,800 | 2,537,700 | 2,475,300 | 2,516,200 | 2,518,500 |
| 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 + $2,463,300K)
= 0.00
The debt-to-capital ratio of Carlisle Companies Incorporated has consistently remained at 0.00 over the past several quarters, up to December 31, 2024. This indicates that the company has not used debt financing to fund its operations or investments relative to its total capital structure.
A debt-to-capital ratio of 0.00 implies that the company's capital structure is predominantly composed of equity rather than debt. Companies with lower debt-to-capital ratios are often considered less risky because they have lower financial leverage and are less dependent on debt for operations. In Carlisle Companies' case, maintaining a debt-to-capital ratio of 0.00 may suggest a conservative approach to managing its capital structure and financial risk.
Investors and stakeholders typically view a low debt-to-capital ratio favorably as it reflects financial stability and a lower probability of default. However, it is essential to consider that carrying no debt may limit the company's financial flexibility in taking advantage of growth opportunities or managing cash flow fluctuations in the future.
Peer comparison
Dec 31, 2024