Crane NXT Co (CXT)
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 | 1,064,900 | 964,000 | 1,901,400 | 1,832,300 | 1,528,900 |
| 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 + $1,064,900K)
= 0.00
The debt-to-capital ratio for Crane NXT Co has consistently remained at 0.00 from December 31, 2020 to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized any debt in its capital structure during these years. This suggests that Crane NXT Co has been funding its operations and investments predominantly through equity rather than debt financing. This low debt-to-capital ratio may indicate a conservative financial strategy, minimal financial risk, and a strong financial position with less leverage. It also implies potential financial flexibility and the ability to withstand economic downturns or market fluctuations with greater resilience.
Peer comparison
Dec 31, 2024