Deluxe Corporation (DLX)
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 | 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-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 ÷ $2,831,000K
= 0.00
The debt-to-equity ratio for Deluxe Corporation has been consistently 0.00 for the periods March 31, 2020, through December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this time. A debt-to-equity ratio of 0.00 suggests that the company has no debt or very minimal debt compared to its equity. This could imply that Deluxe Corporation has a strong financial position with lower financial risk as it is not heavily reliant on debt to fund its activities. However, it is important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health.