Dorman Products Inc (DORM)

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 1,293,470 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-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 ÷ $1,293,470K
= 0.00

The debt-to-equity ratio of Dorman Products Inc has remained consistently at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt in comparison to its equity. This suggests that the company relies more on equity financing rather than debt financing to fund its operations and investments. A low or zero debt-to-equity ratio is generally considered favorable as it signifies lower financial risk and indicates a strong financial position. Dorman Products Inc's stable and low debt-to-equity ratio over this period reflects a prudent financial management strategy focusing on a conservative capital structure.