Mister Car Wash, Inc. Common Stock (MCW)

Debt-to-capital 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 998,352 979,403 949,400 928,724 915,035 892,717 865,366 828,741 801,128 775,572 747,406 701,354 657,152 608,188 574,017 41,596 16,650
Debt-to-capital 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

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $998,352K)
= 0.00

The debt-to-capital ratio for Mister Car Wash, Inc. Common Stock has remained consistent at 0.00 for all the reported periods from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has used no debt financing to fund its operations and growth, relying entirely on equity financing instead. This suggests that the company has a conservative capital structure, with a low financial risk related to debt repayment obligations. Investors and creditors may view a low debt-to-capital ratio favorably, as it signifies financial stability and the ability to manage financial obligations effectively without relying on debt leverage.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Mister Car Wash, Inc. Common Stock
MCW
0.00
Monro Muffler Brake Inc
MNRO
0.13