LCI Industries (LCII)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,386,890K
= 0.00
The debt-to-equity ratio of LCI Industries has consistently been reported as 0.00 in the financial statements from March 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a minimal amount of debt relative to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt, which can be viewed positively as it signifies a lower financial risk for the company. It is important to note that a zero debt-to-equity ratio may not always be ideal, as some level of debt can be beneficial for companies to leverage their operations and investments effectively. Further analysis of the company's capital structure and financial strategy would be necessary to fully assess the implications of such a low debt-to-equity ratio.
Peer comparison
Dec 31, 2024