Acushnet Holdings Corp (GOLF)
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 | 765,247 | 864,235 | 939,056 | 1,042,840 | 984,075 |
| 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 ÷ $765,247K
= 0.00
Acushnet Holdings Corp's debt-to-equity ratio has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been operating with no debt or has a very minimal amount of debt compared to its equity during this period. A debt-to-equity ratio of 0.00 implies that the company is primarily financed by equity rather than debt, which can be seen as a positive indicator of financial stability and a lower risk profile. However, it is essential to note that a very low debt-to-equity ratio may also suggest limited leveraging for growth opportunities. Overall, Acushnet Holdings Corp's stable and low debt-to-equity ratio speaks to its conservative financial structure and may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024