FTI Consulting Inc (FCN)
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 | 2,258,290 | 1,981,420 | 1,681,720 | 1,583,320 | 1,400,180 |
| 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 + $2,258,290K)
= 0.00
The debt-to-capital ratio for FTI Consulting Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 means that the company's total debt is non-existent or negligible in relation to its total capital, which consists of both debt and equity. This low debt-to-capital ratio suggests that FTI Consulting Inc may have been relying more on equity financing or operating cash flows to support its operations and growth, as opposed to taking on debt obligations. Overall, a consistently low debt-to-capital ratio can be seen as a positive indicator of financial stability and lower financial risk for the company.
Peer comparison
Dec 31, 2024