Mister Car Wash, Inc. Common Stock (MCW)
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 | ||
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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-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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $998,352K
= 0.00
The debt-to-equity ratio for 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 had no debt on its balance sheet relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company is primarily funded by equity rather than debt, which can be viewed positively as it implies lower financial risk and potentially more financial stability as the company is not heavily reliant on borrowing to finance its operations or growth. Overall, a consistent debt-to-equity ratio of 0.00 suggests that Mister Car Wash, Inc. Common Stock has maintained a strong financial position with a conservative capital structure.
Peer comparison
Dec 31, 2024