Knowles Cor (KN)
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 | 134,000 | 224,100 | 45,000 | 70,000 | 0 |
| Total stockholders’ equity | US$ in thousands | 756,000 | 1,034,100 | 992,900 | 1,459,500 | 1,303,500 |
| Debt-to-capital ratio | 0.15 | 0.18 | 0.04 | 0.05 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $134,000K ÷ ($134,000K + $756,000K)
= 0.15
The debt-to-capital ratio of Knowles Cor has shown fluctuations over the past five years. Starting at 0.00 as of December 31, 2020, it gradually increased to 0.05 by the end of 2021. However, in the subsequent years, the ratio decreased slightly to 0.04 as of December 31, 2022, before experiencing a notable jump to 0.18 by the end of 2023. In the most recent period, as of December 31, 2024, the debt-to-capital ratio decreased to 0.15. Overall, the company's reliance on debt as a proportion of its total capital has varied, potentially indicating changes in its financial leverage and risk profile.
Peer comparison
Dec 31, 2024