Mister Car Wash, Inc. Common Stock (MCW)
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 | 998,352 | 915,035 | 801,128 | 657,152 | 16,650 |
| 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 ÷ $998,352K
= 0.00
The debt-to-equity ratio of Mister Car Wash, Inc. Common Stock has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and relies solely on equity funding. A debt-to-equity ratio of 0.00 is typically considered very favorable as it signifies a low risk and financial stability, with no financial leverage being used to support the business operations. It suggests that the company's capital structure is predominantly equity-based, which can be attractive to investors and creditors looking for a low-risk investment opportunity.
Peer comparison
Dec 31, 2024