Now Inc (DNOW)
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 | 1,128,000 | 1,114,000 | 1,095,000 | 1,076,000 | 1,060,000 | 904,000 | 874,000 | 841,000 | 842,000 | 804,000 | 777,000 | 746,000 | 712,000 | 699,000 | 696,000 | 692,000 | 699,000 | 731,000 | 747,000 | 768,000 |
| 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 ÷ $1,128,000K
= 0.00
The debt-to-equity ratio of Now Inc has consistently remained at 0.00 over the past several quarters, indicating that the company has no debt obligations relative to its equity. This suggests that Now Inc relies more on its equity financing rather than taking on debt to fund its operations and investments. A debt-to-equity ratio of 0.00 is typically considered very low and may indicate a strong financial position with lower financial risk, as the company is not heavily leveraged. However, it is important to note that a low debt-to-equity ratio may also suggest limited financial flexibility in terms of leveraging debt for potential growth opportunities or strategic investments. Overall, a consistent debt-to-equity ratio of 0.00 for Now Inc reflects a conservative capital structure with minimal debt exposure.
Peer comparison
Dec 31, 2024