EMCOR Group Inc (EME)
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 | 2,937,660 | 2,469,780 | 1,973,590 | 2,252,390 | 2,052,670 |
| 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 + $2,937,660K)
= 0.00
Based on the data provided, EMCOR Group Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its capital structure during this period. With a debt-to-capital ratio of 0.00, EMCOR Group Inc appears to have a capital structure that is predominantly equity-financed. This low debt level could signal financial stability and a lower risk of financial distress, as the company is not heavily reliant on debt to fund its operations or growth. Additionally, a low debt-to-capital ratio may also indicate strong financial discipline and prudent capital management by EMCOR Group Inc's management team.
Peer comparison
Dec 31, 2024