Now Inc (DNOW)

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 1,128,000 1,060,000 842,000 712,000 699,000
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 + $1,128,000K)
= 0.00

The debt-to-capital ratio for Now Inc has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its capital during this period. A debt-to-capital ratio of 0.00 suggests that the company has been financing its operations through equity rather than debt. This may be viewed positively by investors and creditors as it signifies a lower financial risk and a strong financial position for the company.