Linde plc Ordinary Shares (LIN)
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 | 38,092,000 | 39,720,000 | 40,028,000 | 44,035,000 | 47,317,000 |
| 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 ÷ $38,092,000K
= 0.00
Linde plc Ordinary Shares has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has not taken on any long-term debt to finance its operations and growth, opting instead to rely more heavily on equity financing. A debt-to-equity ratio of 0.00 typically indicates a very conservative financial structure, with minimal financial risk associated with debt obligations. It also reflects a strong financial position, as the company has a higher proportion of equity relative to debt in its capital structure. This stability in the debt-to-equity ratio over the years indicates a prudent financial management approach by Linde plc Ordinary Shares.
Peer comparison
Dec 31, 2024