Dorman Products Inc (DORM)
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 | 1,293,470 | 1,168,200 | 1,042,630 | 932,736 | 853,559 |
| 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 + $1,293,470K)
= 0.00
The debt-to-capital ratio of Dorman Products Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is primarily funded by equity rather than debt, which may signify lower financial risk and reliance on external financing. It is essential to note that a lower debt-to-capital ratio could imply a stronger financial position and greater financial flexibility for the company.
Peer comparison
Dec 31, 2024