Henry Schein Inc (HSIC)
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 | 3,393,000 | 3,655,000 | 3,446,000 | 3,425,000 | 3,348,170 |
| 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 ÷ $3,393,000K
= 0.00
The debt-to-equity ratio of Henry Schein Inc for the years ending December 31, 2020 to December 31, 2024 is consistently 0.00. This indicates that the company has no debt on its balance sheet during these years and is solely funded by equity. A debt-to-equity ratio of 0.00 suggests that the company does not rely on debt financing to operate its business or grow its operations. While being debt-free can be considered a positive indicator in terms of financial stability and risk, it's important to note that a zero debt-to-equity ratio may also signal that the company is not taking advantage of leverage to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024