Dorman Products Inc (DORM)

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 1,293,470 1,234,600 1,201,320 1,174,500 1,168,200 1,128,090 1,086,070 1,049,140 1,042,630 1,021,040 990,957 959,400 932,736 904,524 892,985 883,811 853,559 1,158,830 807,132 791,375
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 + $1,293,470K)
= 0.00

The debt-to-capital ratio of Dorman Products Inc has consistently been reported as 0.00 for the periods between March 31, 2020, and December 31, 2024. This indicates that the company has not reported any debt in relation to its capital during this time frame. A debt-to-capital ratio of 0.00 suggests that Dorman Products Inc has not utilized debt financing to fund its operations or growth, and has relied solely on equity capital. This may be seen as a positive indicator of financial stability and a conservative approach to financing, as the absence of debt indicates lower financial risk and potential lower interest expenses. However, it's important to note that a low debt-to-capital ratio can also imply missed opportunities for leveraging debt to potentially enhance returns.