Installed Building Products Inc (IBP)
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 | 705,300 | 670,300 | 493,499 | 416,840 | 319,182 |
| 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 + $705,300K)
= 0.00
The debt-to-capital ratio for Installed Building Products Inc has remained consistently low at 0.00 from December 31, 2020, until December 31, 2024. This indicates that the company has not relied heavily on debt to finance its operations and investments in relation to its capital structure during this period. A low debt-to-capital ratio is generally considered favorable as it signifies a lower financial risk and less dependence on borrowed funds for the company's operations. Installed Building Products Inc's stable and low debt-to-capital ratio suggests a sound financial position and effective management of its capital structure over the analyzed period.
Peer comparison
Dec 31, 2024