Enovis Corp (ENOV)
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 | 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-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 ÷ $2,562,260K
= 0.00
The debt-to-equity ratio of Enovis Corp has consistently remained at 0.00 across all reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing in relation to its equity to support its operations and growth. A debt-to-equity ratio of 0.00 suggests that the company is primarily relying on equity financing, which may signify a strong financial position and low financial risk. It also implies that the company's capital structure is not heavily leveraged with debt, which could be viewed positively by investors and creditors alike. Further analysis of the company's financial statements and business operations would be needed to fully assess the implications of this consistent 0.00 debt-to-equity ratio.
Peer comparison
Dec 31, 2024