Carlisle Companies Incorporated (CSL)
Debt-to-equity 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-equity ratio | 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 ÷ $2,463,300K
= 0.00
The debt-to-equity ratio of Carlisle Companies Incorporated has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's level of debt relative to its equity is minimal or non-existent during this period. A low or zero debt-to-equity ratio is generally viewed positively as it suggests that the company may have a strong financial position with low financial risk, as it is not heavily reliant on debt financing. However, it's important to note that a zero debt-to-equity ratio may also imply that the company is not utilizing leverage to potentially maximize returns for shareholders.
Peer comparison
Dec 31, 2024