CSW Industrials Inc (CSWI)
Debt-to-equity 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 | 1,044,020 | 1,030,170 | 650,158 | 615,723 | 589,072 | 586,927 | 560,094 | 525,675 | 498,768 | 483,033 | 466,720 | 469,086 | 458,738 | 448,947 | 431,120 | 412,013 | 402,717 | 302,041 | 284,010 | 276,741 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,044,020K
= 0.00
CSW Industrials Inc has consistently maintained a debt-to-equity ratio of 0.00 across the period from March 31, 2020 to December 31, 2024. This indicates that the company has no financial leverage in its capital structure during this time frame. A debt-to-equity ratio of zero signifies that the company is entirely financed by equity and has no outstanding debt obligations.
From a financial stability perspective, a low or zero debt-to-equity ratio can be seen as positive as it implies a lower financial risk due to minimal debt exposure. However, it is essential to assess the context in which this ratio is applied, as certain industries may operate more efficiently with some level of debt financing.
In the case of CSW Industrials Inc, the consistent zero debt-to-equity ratio may indicate a conservative financial management approach or a business model that does not require significant debt financing for operations or growth. Consequently, investors may view the company as having a lower risk profile in terms of financial leverage.
Peer comparison
Dec 31, 2024