Franklin Electric Co Inc (FELE)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,268,610 | 1,269,640 | 1,222,170 | 1,220,420 | 1,206,740 | 1,180,430 | 1,146,660 | 1,092,430 | 1,067,910 | 1,025,180 | 986,087 | 961,707 | 946,482 | 923,015 | 901,299 | 861,429 | 847,833 | 810,569 | 773,864 | 751,179 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,268,610K)
= 0.00
Franklin Electric Co Inc has consistently maintained a debt-to-capital ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of capital during this time frame, relying instead on other forms of financing such as equity. A debt-to-capital ratio of 0.00 suggests a low financial risk and may indicate a strong financial position with a lower reliance on borrowed funds. It is essential to consider the company's overall financial strategy, capital structure, and business goals when interpreting this ratio in the context of Franklin Electric Co Inc's operations.
Peer comparison
Dec 31, 2024