Everus Construction Group Inc (ECG)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 422,612 | 448,850 | 382,247 | — |
| Debt-to-capital ratio | 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 + $422,612K)
= 0.00
The debt-to-capital ratio of Everus Construction Group Inc has shown a consistent trend of 0.00 from December 31, 2022, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period, meaning that its capital structure is primarily reliant on equity. A debt-to-capital ratio of 0.00 suggests a lower financial risk as the company is not burdened by debt obligations. However, it is essential to consider the reasons behind the lack of debt financing and whether it may impact the company's ability to leverage for future growth or investment opportunities.
Peer comparison
Dec 31, 2024