DXP Enterprises Inc (DXPE)
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 | 422,788 | 402,368 | 384,681 | 375,464 | 380,879 | 363,576 | 369,465 | 374,284 | 365,392 | 386,497 | 375,586 | 360,187 | 358,639 | 361,132 | 344,861 | 352,354 | 347,068 | 322,641 | 356,823 | 351,136 |
| 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 + $422,788K)
= 0.00
The debt-to-capital ratio of DXP Enterprises Inc has consistently remained at 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations in relation to 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. However, it's essential to consider other financial ratios and factors to gain a comprehensive understanding of DXP Enterprises Inc's overall financial health and leverage position.
Peer comparison
Dec 31, 2024