Linde plc Ordinary Shares (LIN)
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 | 38,092,000 | 39,173,000 | 38,179,000 | 38,829,000 | 39,720,000 | 38,898,000 | 39,911,000 | 39,970,000 | 40,028,000 | 37,628,000 | 39,674,000 | 42,963,000 | 44,035,000 | 44,323,000 | 45,777,000 | 46,210,000 | 47,317,000 | 46,175,000 | 45,537,000 | 44,776,000 |
| 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 ÷ $38,092,000K
= 0.00
The debt-to-equity ratio for Linde plc Ordinary Shares has consistently been 0.00 for all the periods reported from March 31, 2020, to December 31, 2024. This indicates that the company has been utilizing more equity financing compared to debt financing during this period. A debt-to-equity ratio of 0.00 suggests that the company is not relying on external debt to finance its operations and growth but is instead using its own equity capital.
A debt-to-equity ratio of 0.00 may be considered favorable by investors and lenders as it signifies a lower financial risk due to the absence of significant debt obligations. It may indicate a strong financial position, stability, and ability to weather economic downturns without being overly burdened by debt repayment obligations.
However, it is important to note that while a low debt-to-equity ratio can be positive, it may also imply that the company is not taking advantage of debt financing for potential growth opportunities or leveraging financial leverage for potential higher returns on equity. Investors should consider various financial ratios and metrics alongside the debt-to-equity ratio to gain a more holistic view of the company's financial health and performance.
Peer comparison
Dec 31, 2024