Dana Inc (DAN)
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 | 1,333,000 | 1,480,000 | 1,475,000 | 1,539,000 | 1,575,000 | 1,589,000 | 1,623,000 | 1,603,000 | 1,551,000 | 1,622,000 | 1,849,000 | 1,932,000 | 1,922,000 | 1,856,000 | 1,871,000 | 1,795,000 | 1,758,000 | 1,703,000 | 1,644,000 | 1,783,000 |
| 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 ÷ $1,333,000K
= 0.00
The debt-to-equity ratio of Dana Inc has consistently been at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0 indicates that the company has no debt or is financing its operations solely through equity. This could imply that Dana Inc has a conservative capital structure, with a lower financial risk as it is not relying on debt to fund its operations and growth. However, it's important to also consider other financial metrics and factors to get a comprehensive view of the company’s financial health and performance.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Dana Inc
DAN
0.00
Adient PLC
ADNT
0.00
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AXL
0.00
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0.89
Autoliv Inc
ALV
0.00
BorgWarner Inc
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0.68
Dorman Products Inc
DORM
0.00
Gentex Corporation
GNTX
0.00
Gentherm Inc
THRM
0.36
Honeywell International Inc
HON
0.00
LCI Industries
LCII
0.00