Equifax Inc (EFX)

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 4,796,900 4,909,000 4,696,000 4,561,500 4,534,100 4,293,300 4,191,200 4,064,000 3,956,500 3,759,000 3,805,000 3,834,100 3,584,400 3,539,200 3,460,500 3,318,000 3,168,400 2,929,000 2,694,100 2,386,500
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 ÷ $4,796,900K
= 0.00

Equifax Inc has consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2020, to December 31, 2024. This suggests that the company has not relied heavily on debt to finance its operations and has a strong equity base. A debt-to-equity ratio of 0.00 indicates that the company's total liabilities are either extremely low or non-existent compared to its equity, which can be a positive sign for investors and creditors as it signifies lower financial risk. It also indicates that Equifax has a strong financial position and may have more flexibility in managing its capital structure and pursuing growth opportunities.