Exponent Inc (EXPO)
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 | 421,068 | 356,085 | 320,752 | 417,065 | 361,498 |
| 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 ÷ $421,068K
= 0.00
Exponent Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to fund its operations or investments during this period, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative financial structure and suggests lower financial risk as there is no debt obligations to be serviced. In this case, Exponent Inc's financial strategy appears to prioritize stability and financial strength through equity financing over leveraging debt.
Peer comparison
Dec 31, 2024