DXP Enterprises Inc (DXPE)
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 | 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-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 ÷ $422,788K
= 0.00
The debt-to-equity ratio of DXP Enterprises Inc has consistently been at 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting that the company is primarily funded by equity rather than debt. This may signal a conservative financial strategy, as the company is not relying heavily on debt to finance its operations or growth. However, it's important to note that a very low debt-to-equity ratio could also imply missed opportunities for leveraging debt for potential growth or expansion. In this case, further analysis of other financial metrics and the company's overall financial health would be necessary to fully evaluate the implications of this ratio.
Peer comparison
Dec 31, 2024