MDU Resources Group Inc (MDU)

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 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,691,000 3,057,980 3,017,800 2,980,940 2,905,000 2,757,430 2,706,190 3,575,380 3,587,130 3,491,860 3,386,810 3,360,720 3,382,870 3,332,280 3,198,800 3,100,310 3,079,100 3,013,000 2,898,000 2,837,000
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 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,691,000K
= 0.00

The debt-to-equity ratio of MDU Resources Group Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, as the ratio of 0.00 implies that the company has no debt relative to its equity. While a low debt-to-equity ratio is generally considered favorable as it indicates lower financial risk and a strong balance sheet, it is essential to consider various factors such as industry norms, business strategies, and future growth plans when evaluating a company's financial health.


Peer comparison

Dec 31, 2024