Linde plc Ordinary Shares (LIN)
Debt-to-capital 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 | 38,092,000 | 39,720,000 | 40,028,000 | 44,035,000 | 47,317,000 |
| Debt-to-capital ratio | 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 + $38,092,000K)
= 0.00
The debt-to-capital ratio for Linde plc Ordinary Shares has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt to fund its operations and growth. This can be a positive sign as it implies lower financial risk and less dependency on debt repayments. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of Linde plc's overall financial health and performance.
Peer comparison
Dec 31, 2024