Federal Signal Corporation (FSS)

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 1,186,100 1,149,400 1,099,600 1,044,400 1,001,900 955,900 923,900 882,000 860,900 828,000 809,100 787,800 784,000 765,700 746,000 719,600 702,100 679,800 655,400 636,200
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 + $1,186,100K)
= 0.00

Based on the provided data, Federal Signal Corporation's debt-to-capital ratio has consistently remained at 0.00 for the period spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not employed any debt financing in relation to its capital structure during this timeframe. A debt-to-capital ratio of 0.00 suggests that the company has funded its operations and growth primarily through equity rather than debt. This may imply a lower financial risk since there is no debt to service; however, it could also signify missed opportunities for leveraging debt for potential growth and tax benefits.


Peer comparison

Dec 31, 2024