Exponent Inc (EXPO)
Debt-to-capital 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 | 421,068 | 356,085 | 320,752 | 417,065 | 361,498 |
| Debt-to-capital ratio | 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 + $421,068K)
= 0.00
Exponent Inc's debt-to-capital ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during this period. This suggests that Exponent Inc has been financing its operations primarily through equity rather than debt. While a low debt-to-capital ratio can indicate financial stability and less risk, it's essential to consider other financial metrics and factors to assess the overall financial health and strategy of the company.
Peer comparison
Dec 31, 2024