Freshpet Inc (FRPT)
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 | 1,055,360 | 953,454 | 1,031,570 | 719,754 | 394,169 |
| 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 + $1,055,360K)
= 0.00
The debt-to-capital ratio for Freshpet Inc. has consistently reported a value of zero from December 31, 2020, through December 31, 2024. This indicates that the company has historically maintained a capital structure entirely composed of equity, with no measurable debt obligations during this period. Such a persistent zero debt-to-capital ratio suggests that Freshpet Inc. financed its operations and growth exclusively through internal funds or equity issuance, avoiding leverage through debt financing. This approach can imply a conservative financial strategy, potentially reducing financial risk associated with debt servicing but also possibly limiting leverage-based growth opportunities.
Peer comparison
Dec 31, 2024