ESAB Corp (ESAB)
Debt-to-equity 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-equity ratio | 0.63 | 0.90 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,018,060K ÷ $1,607,400K
= 0.63
Peer comparison
Dec 31, 2023