Everus Construction Group Inc (ECG)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $422,612K
= 0.00
The debt-to-equity ratio of Everus Construction Group Inc has shown a consistent and notable improvement over the past few years. As of December 31, 2022, December 31, 2023, and December 31, 2024, the company's debt-to-equity ratio stands at 0.00. This indicates that the company has no debt relative to its equity during these periods. A debt-to-equity ratio of 0.00 signifies that the company is primarily financed by equity rather than debt, which can be considered a financially healthy position. It suggests that the company has either reduced its debt levels significantly or has a strong equity base to support its operations and growth without relying heavily on borrowed funds. This improved ratio may indicate efficient financial management and lower financial risk for the company.
Peer comparison
Dec 31, 2024