Deluxe Corporation (DLX)
Debt-to-capital 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 | 2,831,000 | 612,559 | 619,889 | 607,843 | 604,600 | 599,400 | 613,600 | 595,206 | 604,200 | 601,686 | 596,800 | 578,699 | 574,600 | 557,626 | 552,300 | 558,645 | 540,800 | 511,400 | 485,269 | 474,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,831,000K)
= 0.00
The debt-to-capital ratio for Deluxe Corporation, as reflected in the provided data, has consistently been at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments during this period. A debt-to-capital ratio of 0.00 implies that all the capital used by the company is in the form of equity, suggesting a low level of financial leverage and minimal financial risk associated with debt. This could be seen as a positive signal to investors and creditors as it showcases a strong financial position and stability in the company's capital structure.