Kodiak Gas Services, Inc. (KGS)
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 | 1,359,910 | 1,142,650 | 229,093 | 960,071 | 755,286 |
| 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 ÷ $1,359,910K
= 0.00
The debt-to-equity ratio for Kodiak Gas Services, Inc. has consistently been reported as zero for each fiscal year from December 31, 2020, through December 31, 2024. This indicates that throughout this period, the company has maintained a capital structure entirely financed by equity, with no recorded debt obligations. The persistent absence of debt suggests a conservative financial approach, potentially reflecting prudent risk management or a strategic choice to avoid leverage. Such a financial profile implies a strong equity base relative to liabilities, which could position the company favorably in terms of solvency and financial stability. However, it may also suggest limited use of debt financing alternatives that could potentially enhance leverage and return on equity, depending on the company's overall operational and growth strategy.
Peer comparison
Dec 31, 2024