LeMaitre Vascular Inc (LMAT)
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 | 337,290 | 331,074 | 319,532 | 308,503 | 297,900 | 288,637 | 283,827 | 274,165 | 268,201 | 261,247 | 258,033 | 257,787 | 254,151 | 249,048 | 185,833 | 177,525 | 172,572 | 160,983 | 152,629 | 148,835 |
| 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 ÷ $337,290K
= 0.00
The debt-to-equity ratio of LeMaitre Vascular Inc has consistently been 0.00 from March 2020 to December 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage and is entirely financed by equity. This implies that the company has not taken on any debt to fund its operations or growth during this period. While a low debt-to-equity ratio can be seen as a positive sign of financial stability and conservative financial management, it is important to note that debt can also be used as a tool for leveraging growth and maximizing returns for shareholders in certain situations.
Peer comparison
Dec 31, 2024