Acushnet Holdings Corp (GOLF)
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 | 765,247 | 863,899 | 863,693 | 883,736 | 864,235 | 928,366 | 1,017,220 | 987,122 | 939,056 | 1,010,000 | 1,071,170 | 1,070,390 | 1,042,840 | 1,139,600 | 1,124,690 | 1,050,960 | 984,075 | 961,984 | 898,543 | 886,200 |
| 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 + $765,247K)
= 0.00
The debt-to-capital ratio of Acushnet Holdings Corp has consistently remained at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has either not taken on any debt or that its level of debt is negligible compared to its total capital. A debt-to-capital ratio of 0.00 suggests that the company is primarily financed through equity, which may be viewed positively by investors and creditors. It indicates a lower financial risk as the company is not heavily reliant on debt financing. However, it is important to consider other financial ratios and factors in conjunction with the debt-to-capital ratio for a comprehensive assessment of the company's financial health.
Peer comparison
Dec 31, 2024