Federal Signal Corporation (FSS)
Debt-to-equity 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 | 1,186,100 | 1,001,900 | 860,900 | 784,000 | 702,100 |
| Debt-to-equity ratio | 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 ÷ $1,186,100K
= 0.00
Based on the data provided, Federal Signal Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company does not have any long-term debt on its balance sheet relative to its equity during this period. A debt-to-equity ratio of 0.00 generally suggests that the company's operations are primarily financed through equity rather than debt. It can imply a strong financial position, as the absence of significant debt obligations may lower the company's financial risk and interest expenses. However, it is essential to consider other financial metrics and factors to obtain a more comprehensive understanding of Federal Signal Corporation's overall financial health and leverage position.
Peer comparison
Dec 31, 2024