DXP Enterprises Inc (DXPE)
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 | 422,788 | 380,879 | 365,392 | 358,639 | 347,068 |
| 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 ÷ $422,788K
= 0.00
Based on the data provided, DXP Enterprises Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A ratio of 0.00 indicates that the company has no debt on its books relative to its equity. This suggests that DXP Enterprises Inc has been solely funded by equity during this period, which could imply a lower financial risk and a relatively stronger financial position in terms of solvency. It's important to note that while a low debt level can indicate financial stability, it may also signal underutilization of debt financing opportunities that could potentially enhance the company's growth and profitability.
Peer comparison
Dec 31, 2024