Acushnet Holdings Corp (GOLF)
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 | 765,247 | 864,235 | 939,056 | 1,042,840 | 984,075 |
| 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 + $765,247K)
= 0.00
Acushnet Holdings Corp has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing in relation to its total capital structure. A debt-to-capital ratio of 0.00 signifies that the company's total debt is negligible or nonexistent compared to its total capital, which includes both debt and equity. This low level of debt relative to capital may suggest a conservative financial strategy that emphasizes financial stability and lower financial risk. It also indicates that the company may rely more on equity financing or retained earnings to fund its operations and growth initiatives.
Peer comparison
Dec 31, 2024