LCI Industries (LCII)
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 | 1,386,890 | 1,355,040 | 1,381,010 | 1,092,880 | 908,326 |
| 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 ÷ $1,386,890K
= 0.00
The debt-to-equity ratio of LCI Industries has remained consistently at 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to support its operations or growth during this period and has predominantly relied on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative financial structure, where the company has a higher proportion of equity relative to debt in its capital structure. This low debt-to-equity ratio could suggest that LCI Industries has a strong financial position and may be less vulnerable to financial risks associated with high debt levels. However, it's important to note that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt for strategic investments or expansion.
Peer comparison
Dec 31, 2024