Ecolab Inc (ECL)
Debt-to-capital 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 | 8,757,300 | 8,044,700 | 7,236,100 | 7,224,200 | 6,166,500 |
| Debt-to-capital ratio | 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 + $8,757,300K)
= 0.00
The debt-to-capital ratio of Ecolab Inc remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not been using debt significantly to finance its operations relative to its total capital structure. A debt-to-capital ratio of 0.00% suggests that Ecolab Inc is relying more on equity financing rather than debt financing, which may indicate a lower financial risk profile as the company's capital structure is mostly composed of equity. However, it is essential to consider other factors such as the cost of capital and the company's overall financial health when evaluating its debt management strategy.
Peer comparison
Dec 31, 2024