Innovex International, Inc (INVX)
Debt-to-capital ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 995,553 | 978,376 | 958,156 | 904,351 | 852,524 | 857,363 | 881,260 | 307,946 | 879,409 | 880,378 | 874,916 | 864,837 | 868,689 | 887,775 | 897,108 | 979,777 | 995,324 | 1,008,270 | 1,041,530 | 1,037,560 |
| Debt-to-capital 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 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $995,553K)
= 0.00
Based on the provided data, Innovex International, Inc. consistently maintains a debt-to-capital ratio of zero across all reporting periods from September 30, 2020, through June 30, 2025. This indicates that the company has not utilized any debt financing and is entirely financed through equity or other non-debt sources during this timeframe. The absence of debt suggests a conservative capital structure, potentially reflecting a strategic decision to avoid leverage or a strong liquidity position that negates the need for borrowing. Overall, the company's capital structure is debt-free within the observed period, which could impact its financial flexibility, risk profile, and cost of capital.
Peer comparison
Jun 30, 2025