LeMaitre Vascular Inc (LMAT)
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 | 337,290 | 297,900 | 268,201 | 254,151 | 172,572 |
| 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 ÷ $337,290K
= 0.00
The debt-to-equity ratio of LeMaitre Vascular Inc has consistently been 0.00 for the years ending on December 31, from 2020 to 2024. This indicates that the company has no financial leverage through debt and is primarily funded by equity. A debt-to-equity ratio of 0.00 implies that the company's operations are not reliant on borrowed funds for its capital structure, which may signify financial stability and lower financial risk. It also suggests that the company may have sufficient internal resources or strong investor support to finance its operations and growth without the need for external borrowing.
Peer comparison
Dec 31, 2024