Exponent Inc (EXPO)

Debt-to-capital ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 356,085 353,635 357,079 341,856 320,752 319,800 337,494 386,564 417,065 404,989 387,767 377,608 361,498 343,197 332,567 323,497 350,251 357,279 343,852 329,177
Debt-to-capital 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, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $356,085K)
= 0.00

The debt-to-capital ratio for Exponent Inc has consistently been reported as 0.00 across multiple periods up to Dec 31, 2023. This indicates that the company has not utilized any debt financing in its capital structure, relying solely on equity to fund its operations and investments. A debt-to-capital ratio of 0.00% suggests that the company has a conservative financial strategy, as it indicates a low level of financial risk and leverage. This may be viewed positively by investors and creditors as it signifies a lower probability of default and financial distress. However, it's worth noting that a complete absence of debt in the capital structure may also limit the company's ability to benefit from the tax advantages and financial flexibility that debt can provide.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-capital ratio
Exponent Inc
EXPO
0.00
FTI Consulting Inc
FCN
0.00
Genpact Limited
G
0.27