ESAB Corp (ESAB)
Debt-to-equity 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 | 1,769,000 | 1,607,400 | 1,350,210 | 2,460,740 | 2,502,630 |
| Debt-to-equity ratio | 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 ÷ $1,769,000K
= 0.00
Based on the data provided, the debt-to-equity ratio for ESAB Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. In financial analysis, a debt-to-equity ratio of 0.00 indicates that the company has no debt relative to its equity during these years. This might suggest that ESAB Corp has been operating with a conservative financial structure, relying more on equity financing rather than debt. A low or zero debt-to-equity ratio can indicate lower financial risk for the company, as it implies a lower reliance on borrowings and potential interest rate fluctuations. Additionally, a 0.00 debt-to-equity ratio could signal strong financial stability and the potential for future growth opportunities without the burden of significant debt obligations. It is important to assess other financial metrics and performance indicators in conjunction with the debt-to-equity ratio to have a more comprehensive understanding of ESAB Corp's financial health and prospects.
Peer comparison
Dec 31, 2024