Middleby Corp (MIDD)

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 3,638,430 3,592,940 3,421,910 3,311,240 3,249,890 3,095,220 2,999,530 2,862,200 2,797,750 2,498,540 2,417,970 2,427,970 2,494,280 2,298,970 2,125,880 1,995,210 1,976,650 2,031,320 1,939,520 1,894,710
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 ÷ $3,638,430K
= 0.00

Middleby Corp's debt-to-equity ratio has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company's level of debt is either very low or non-existent compared to its equity. A debt-to-equity ratio of 0.00 suggests that the company may be relying more on equity financing rather than debt financing to support its operations and growth. This can be perceived positively by investors and creditors as it implies a lower financial risk and a potentially stronger financial position. However, it's important to consider other factors such as the industry norms and the company's overall financial health when evaluating the significance of this ratio.


Peer comparison

Dec 31, 2024