Littelfuse Inc (LFUS)
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 | 2,413,610 | 2,480,170 | 2,211,380 | 1,893,520 | 1,608,770 |
| 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 ÷ $2,413,610K
= 0.00
The debt-to-equity ratio for Littelfuse Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt and is entirely financed by equity during this period. A debt-to-equity ratio of 0.00 signifies a lower financial risk and implies that creditors have not contributed to the company's financing needs. However, while being debt-free may be viewed positively in terms of financial stability and solvency, it may also suggest missed opportunities for leveraging debt for potential growth or tax benefits.
Peer comparison
Dec 31, 2024