Ecolab Inc (ECL)
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 | 8,757,300 | 8,547,800 | 8,287,400 | 8,205,600 | 8,044,700 | 7,795,800 | 7,556,700 | 7,344,200 | 7,236,100 | 7,062,600 | 7,093,400 | 7,081,600 | 7,224,200 | 6,933,500 | 6,709,100 | 6,292,300 | 6,166,500 | 6,014,700 | 5,855,200 | 8,822,100 |
| 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 ÷ $8,757,300K
= 0.00
The debt-to-equity ratio of Ecolab Inc has been consistently reported as 0.00 across multiple periods from March 31, 2020, to December 31, 2024. This implies that the company has not been utilizing debt to finance its operations or investments, as the ratio 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's total liabilities are equal to its total shareholder's equity. This could suggest that Ecolab Inc has a strong financial position with minimal or no financial leverage compared to its equity. A lower debt-to-equity ratio is generally considered favorable as it indicates lower financial risk and a higher level of financial stability for a company.
It is important to note that while a low or zero debt-to-equity ratio may indicate a conservative financial strategy, it could also mean missed opportunities for potential growth or tax benefits associated with debt financing. Stakeholders and investors may further evaluate the company's capital structure and overall financial health in conjunction with other financial metrics to gain a more comprehensive understanding of Ecolab Inc's performance and risk profile.
Peer comparison
Dec 31, 2024