ESAB Corp (ESAB)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 1,018,060 | 1,218,640 |
| Total stockholders’ equity | US$ in thousands | 1,607,400 | 1,350,210 |
| Debt-to-capital ratio | 0.39 | 0.47 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,018,060K ÷ ($1,018,060K + $1,607,400K)
= 0.39
Peer comparison
Dec 31, 2023