Dorman Products Inc (DORM)
Debt-to-equity 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-equity ratio | 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 ÷ $1,293,470K
= 0.00
The debt-to-equity ratio of Dorman Products Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company is not relying heavily on debt financing to fund its operations or growth. A debt-to-equity ratio of 0.00 suggests that the company may have a strong equity base compared to its debt levels, which can be viewed positively by investors and creditors. However, it is important to note that a low debt-to-equity ratio could also imply limited leveraging potential for the company, which might impact its ability to take advantage of potential growth opportunities. Essentially, Dorman Products Inc's financial structure appears to be conservative and well-balanced with no significant debt burden relative to its equity.
Peer comparison
Dec 31, 2024