Exponent Inc (EXPO)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $356,085K
= 0.00
The debt-to-equity ratio of Exponent Inc has consistently been 0.00, based on the data provided for various periods spanning from December 2019 to December 2023. This indicates that the company has not utilized debt as a source of financing and has relied solely on equity to fund its operations and growth. A debt-to-equity ratio of 0.00 typically suggests that the company has a low risk of financial distress related to debt obligations and is not highly leveraged. It also implies that the company may have a strong financial position with a stable capital structure. However, it is essential to consider the industry norms and the company's growth prospects when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2023