MSA Safety (MSA)
Debt-to-capital 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 | 1,143,320 | 1,095,340 | 1,033,650 | 994,754 | 966,802 | 868,726 | 831,131 | 769,746 | 923,741 | 842,415 | 838,070 | 860,907 | 834,388 | 824,177 | 848,768 | 814,676 | 809,891 | 780,103 | 748,654 | 712,596 |
| Debt-to-capital 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-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 several quarters, indicating that the company has not utilized any debt to finance its operations relative to its total capital structure. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily composed of equity and not debt. This may suggest that MSA Safety has a strong financial position with low financial risk associated with debt obligations. It also indicates that the company might prefer to fund its operations and investments through equity financing rather than taking on debt. Overall, a consistent debt-to-capital ratio of 0.00 reflects MSA Safety's conservative approach to capital structure management and financial risk management.
Peer comparison
Dec 31, 2024