Enovis Corp (ENOV)

Debt-to-capital 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 2,562,260 3,330,420 3,286,410 3,308,430 3,418,390 3,439,620 3,448,640 3,443,340 3,448,080 3,406,690 3,489,270 4,600,040 4,617,380 4,586,540 4,307,850 4,246,590 3,543,390 3,412,450 3,351,920 3,291,140
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,562,260K)
= 0.00

Enovis Corp's debt-to-capital ratio has consistently remained at 0.00 over the past several quarters, indicating that the company has not utilized debt as a source of capital in its operations. This suggests that Enovis Corp has primarily relied on equity funding to finance its operations and growth initiatives. A debt-to-capital ratio of 0.00 signifies a low financial risk associated with debt obligations and a strong financial position with a higher proportion of equity in the company's capital structure. While a debt-free approach can provide stability and flexibility, it is essential for Enovis Corp to assess whether leveraging debt could potentially optimize its capital structure and enhance returns for shareholders in the long term.


Peer comparison

Dec 31, 2024