Equifax Inc (EFX)
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 | 4,796,900 | 4,534,100 | 3,956,500 | 3,584,400 | 3,168,400 |
| 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 + $4,796,900K)
= 0.00
The debt-to-capital ratio for Equifax Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that the company's capital is primarily financed by equity rather than debt, signifying a high level of financial stability and low financial risk. It suggests that Equifax Inc has been able to fund its operations and growth without relying on external debt, which can be viewed positively by investors and creditors.