Littelfuse Inc (LFUS)
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 | 2,426,420 | 2,572,780 | 2,465,130 | 2,470,980 | 2,480,170 | 2,404,860 | 2,357,250 | 2,307,230 | 2,211,380 | 2,088,890 | 2,051,940 | 2,000,650 | 1,893,520 | 1,821,400 | 1,742,220 | 1,660,610 | 1,608,770 | 1,529,430 | 1,462,300 | 1,476,820 |
| 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 + $2,426,420K)
= 0.00
Based on the provided data, Littelfuse Inc has consistently maintained a debt-to-capital ratio of 0.00 over the reported periods from March 31, 2020, to December 31, 2024.
A debt-to-capital ratio of 0.00 indicates that the company has no financial leverage or debt in its capital structure relative to its total capital. This suggests that Littelfuse Inc has been financing its operations primarily through equity rather than debt.
A low or zero debt-to-capital ratio can imply financial stability and a lower level of financial risk for the company, as it is not relying heavily on debt to fund its operations. However, it is important to note that a zero debt-to-capital ratio may also indicate missed opportunities for leverage, tax benefits associated with debt financing, or potential limitations on growth due to a lack of leverage.
In summary, Littelfuse Inc's consistent debt-to-capital ratio of 0.00 reflects a conservative financial approach with minimal debt utilization in its capital structure.
Peer comparison
Dec 31, 2024