National Vision Holdings Inc (EYE)
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 | 816,333 | 829,418 | 901,113 | 925,980 | 906,502 |
| 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 ÷ $816,333K
= 0.00
National Vision Holdings Inc has maintained a debt-to-equity ratio of 0.00 consistently over the years 2020 to 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a very minimal level of debt compared to its equity. This suggests that the company is relying more on equity financing rather than debt to fund its operations and growth. Having a low or zero debt-to-equity ratio can signify financial stability, lower financial risk, and potentially more favorable terms for borrowing in the future. It also indicates a strong financial position and ability to meet financial obligations using internal resources.
Peer comparison
Dec 31, 2024