Graco Inc (GGG)
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 | 2,584,140 | 2,224,220 | 1,859,650 | 1,709,340 | 1,283,900 |
| 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 ÷ $2,584,140K
= 0.00
The debt-to-equity ratio of Graco Inc has been consistently at 0.00 over the period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations, relying solely on equity for funding its activities. A debt-to-equity ratio of 0.00 typically suggests that the company's financial structure is conservative and that it has a strong equity base to support its operations. Graco Inc's consistent 0.00 debt-to-equity ratio reflects a low level of financial risk in terms of debt obligations, which may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024