Franklin Electric Co Inc (FELE)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,268,610K
= 0.00
Franklin Electric Co Inc consistently maintains a debt-to-equity ratio of 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and projects during this period. A debt-to-equity ratio of 0.00 signifies that the company relies solely on equity financing, suggesting a conservative financial approach and a lower risk profile in terms of financial leverage. The stable nature of this ratio over time demonstrates a consistent capital structure strategy focused on equity financing rather than taking on debt obligations.
Peer comparison
Dec 31, 2024