DXP Enterprises Inc (DXPE)
Debt-to-assets 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 assets | US$ in thousands | 1,349,490 | 1,231,440 | 1,189,150 | 1,184,160 | 1,177,440 | 1,045,100 | 1,034,430 | 1,053,160 | 1,037,280 | 996,075 | 984,890 | 902,315 | 906,192 | 912,957 | 902,397 | 869,482 | 851,861 | 736,718 | 783,130 | 791,691 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,349,490K
= 0.00
The debt-to-assets ratio for DXP Enterprises Inc remains consistently at 0.00% throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this time frame. A debt-to-assets ratio of 0.00% implies that the company's total assets are entirely financed by equity, which may suggest a conservative approach to capital structure and financial risk management. It could also indicate that the company has sufficient internal resources or cash flow to fund its operations and investments without relying on borrowing. However, it's important to note that a low debt-to-assets ratio may also limit the company's ability to leverage its operations for potential growth opportunities.
Peer comparison
Dec 31, 2024