Equifax Inc (EFX)
Debt-to-equity 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-equity ratio | 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 ÷ $4,796,900K
= 0.00
The debt-to-equity ratio of Equifax Inc has remained consistently at 0.00 for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized debt financing to fund its operations but has relied on equity to support its growth and investments. A low or zero debt-to-equity ratio is generally considered favorable as it suggests that the company has a lower financial risk and may be in a strong financial position to weather economic downturns and pursue growth opportunities without incurring high levels of debt. Equifax Inc's stable debt-to-equity ratio implies a conservative financial management approach and a healthy balance between debt and equity in its capital structure.