IDEXX Laboratories Inc (IDXX)
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 | 1,595,310 | 1,618,050 | 1,580,250 | 1,568,910 | 1,484,530 | 1,297,410 | 1,093,860 | 841,101 | 608,737 | 475,999 | 457,008 | 639,798 | 689,992 | 754,754 | 747,460 | 702,696 | 632,088 | 440,576 | 272,963 | 107,674 |
| 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 ÷ $1,595,310K
= 0.00
The debt-to-equity ratio for IDEXX Laboratories Inc has consistently been 0.00 across all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative financial structure, where the company is not highly leveraged and has minimal debt obligations relative to its equity. IDEXX Laboratories Inc's consistent zero debt-to-equity ratio suggests a strong financial position and low financial risk, as the company is not exposed to the potential challenges associated with high levels of debt.
Peer comparison
Dec 31, 2024