MDU Resources Group Inc (MDU)
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 | 2,690,570 | 2,905,230 | 3,587,130 | 3,382,870 | 3,079,100 |
| 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 ÷ $2,690,570K
= 0.00
The debt-to-equity ratio of MDU Resources Group Inc has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized any debt financing to support its operations and instead relies solely on equity for funding. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and is not exposed to the risks associated with high levels of debt. Overall, a consistent debt-to-equity ratio of 0.00 reflects a conservative financial strategy and a strong capital structure based on equity.
Peer comparison
Dec 31, 2024