National Vision Holdings Inc (EYE)
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 | 816,333 | 829,418 | 901,113 | 925,980 | 906,502 | 
| 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 + $816,333K)
            = 0.00        
The debt-to-capital ratio for National Vision Holdings Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital is entirely financed by equity, reflecting a lower financial risk and potentially strong financial position. It suggests that the company may be relying on internal funds or equity financing for its operations and growth instead of taking on debt.
Peer comparison
Dec 31, 2024
Company name
                    Symbol
                    Debt-to-capital ratio
                National Vision Holdings Inc
                            EYE
                            0.00
                        STAAR Surgical Company
                            STAA
                            0.00
                        The Cooper Companies, Inc. Common Stock
                            COO
                            0.24