Acushnet Holdings Corp (GOLF)

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 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-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 ÷ $765,247K
= 0.00

The debt-to-equity ratio of Acushnet Holdings Corp has consistently remained at 0.00 from March 2020 to December 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 suggests that the company has a conservative financial structure with a low level of financial leverage, which may indicate lower financial risk and a greater ability to weather economic downturns. However, it is important to consider that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
Acushnet Holdings Corp
GOLF
0.00
Callaway Golf Company
MODG
0.61
YETI Holdings Inc
YETI
0.10