MSA Safety (MSA)
Debt-to-capital 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 | 1,143,320 | 966,802 | 923,741 | 834,388 | 809,891 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,143,320K)
= 0.00
The debt-to-capital ratio of MSA Safety has consistently been 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that MSA Safety has not utilized any debt financing relative to its overall capital structure during this period. A debt-to-capital ratio of 0.00 suggests a conservative approach to financing, with the company relying more on equity rather than debt to fund its operations and growth. This can be viewed positively by investors and creditors as it signifies a lower financial risk and potential for financial stability in the organization's capital structure.
Peer comparison
Dec 31, 2024