Crane NXT Co (CXT)
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 | 1,064,900 | 964,000 | 1,901,400 | 1,832,300 | 1,528,900 |
| 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 ÷ $1,064,900K
= 0.00
Based on the provided data, Crane NXT Co's debt-to-equity ratio has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, relying solely on equity for funding. A debt-to-equity ratio of 0.00 signifies that there is no debt in the company's capital structure compared to its equity. This may imply a conservative financial strategy with minimal financial risk associated with debt repayment obligations. Investors and creditors typically view a low debt-to-equity ratio positively as it suggests a strong financial position and stability.
Peer comparison
Dec 31, 2024