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