Franklin Electric Co Inc (FELE)
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 | 1,266,100,000 | 1,206,720 | 1,067,910 | 946,482 | 847,833 |
| 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 + $1,266,100,000K)
= 0.00
The debt-to-capital ratio for Franklin Electric Co Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period and has relied solely on equity financing. A debt-to-capital ratio of 0.00 reflects a conservative financial approach and suggests that the company is not exposed to the risks associated with debt obligations. It also implies that the company has a strong financial position and is not heavily leveraged, which may be viewed positively by investors and creditors. However, it is important to consider other financial metrics and factors to get a comprehensive understanding of the company's overall financial health and risk management strategies.
Peer comparison
Dec 31, 2024