Mueller Industries Inc (MLI)
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 | 2,773,160 | 2,337,440 | 1,790,910 | 1,222,120 | 776,745 |
| 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 ÷ $2,773,160K
= 0.00
The debt-to-equity ratio of Mueller Industries Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either minimal or no debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company's equity is sufficient to cover any existing debt obligations. This suggests a conservative approach to financing and financial stability, as the company is relying more on equity financing rather than debt. Overall, maintaining a low or zero debt-to-equity ratio may reduce financial risk and provide a strong financial position for Mueller Industries Inc.
Peer comparison
Dec 31, 2024