Installed Building Products Inc (IBP)
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 | 705,300 | 670,300 | 493,499 | 416,840 | 319,182 |
| 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 ÷ $705,300K
= 0.00
Installed Building Products Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been operating with a minimal amount of debt relative to its equity during these years. A low or zero debt-to-equity ratio generally signals that the company relies more on equity financing than debt financing, which can be perceived positively by investors and creditors as it implies lower financial risk and a stronger financial position. Additionally, a low debt-to-equity ratio may suggest that the company has a conservative financial structure and is not highly leveraged.
Peer comparison
Dec 31, 2024