Federal Signal Corporation (FSS)
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 | 1,186,100 | 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-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 ÷ $1,186,100K
= 0.00
The debt-to-equity ratio of Federal Signal Corporation has been consistently reported as 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a very minimal amount of debt compared to its equity.
This low or zero debt-to-equity ratio suggests that Federal Signal Corporation relies more on equity financing rather than debt financing to run its operations and fund its growth. It also indicates a lower financial risk for the company, as it does not have significant debt obligations that could strain its financial position or lead to solvency issues.
Overall, the stable and low debt-to-equity ratio reflects a conservative financial strategy by Federal Signal Corporation, which may be viewed positively by investors and creditors due to the lower financial risk associated with the company's capital structure.
Peer comparison
Dec 31, 2024