Exponent Inc (EXPO)
Debt-to-equity ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 421,068 | 410,274 | 393,213 | 374,311 | 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 |
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, 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 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth and has relied solely on equity. A debt-to-equity ratio of 0.00 signifies that the company's financial structure is reliant on equity financing, which can be viewed positively as it implies lower financial risk and less reliance on external borrowing. Overall, Exponent Inc's stable and low debt-to-equity ratio suggests a conservative financial approach and a strong capital base.
Peer comparison
Dec 31, 2024