LCI Industries (LCII)
Debt-to-capital 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 | 1,386,890 | 1,418,320 | 1,394,410 | 1,356,880 | 1,355,040 | 1,372,140 | 1,370,900 | 1,359,510 | 1,381,010 | 1,423,560 | 1,394,360 | 1,259,250 | 1,092,880 | 1,031,140 | 986,176 | 959,587 | 908,326 | 875,562 | 816,630 | 807,803 |
| 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 |
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 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity rather than debt. This could imply that LCI Industries has a strong financial position with low financial risk and a conservative approach to managing its debt levels. It also indicates that the company may have sufficient internal resources or access to equity financing to support its operations and growth without relying on borrowing.
Peer comparison
Dec 31, 2024