LCI Industries (LCII)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,386,890 | 1,355,040 | 1,381,010 | 1,092,880 | 908,326 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,386,890K)
= 0.00
The debt-to-capital ratio for LCI Industries has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates a capital structure where the company has not utilized any debt in relation to its total capital, which comprises both debt and equity. A debt-to-capital ratio of 0.00 signifies that the company has relied solely on equity financing or has managed to pay off any outstanding debt entirely. This low ratio suggests a lower financial risk for the company as it has no significant debt obligations relative to its total capital, potentially providing more financial flexibility and stability. Nevertheless, it is essential to further analyze the company's overall financial health and capital structure to better understand its long-term financial sustainability and risk management strategies.
Peer comparison
Dec 31, 2024