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
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

Company name
Symbol
Debt-to-equity ratio
Mister Car Wash, Inc. Common Stock
MCW
0.00
Monro Muffler Brake Inc
MNRO
0.16