MSA Safety (MSA)
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 | 1,143,320 | 966,802 | 923,741 | 834,388 | 809,891 |
| 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 ÷ $1,143,320K
= 0.00
Based on the data provided, MSA Safety's debt-to-equity ratio has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt obligations or that its debt is negligible compared to its equity. This suggests that MSA Safety relies more on equity financing rather than debt financing to fund its operations and investments. A low debt-to-equity ratio can be viewed positively by investors and creditors, as it signifies lower financial risk and more stability in the company's capital structure. However, it is important to note that a very low debt-to-equity ratio may also imply limited leverage and potential missed opportunities for leveraging debt for growth or expansion. Overall, MSA Safety's consistent 0.00 debt-to-equity ratio over the years indicates a conservative approach to capital structure and a strong balance sheet.
Peer comparison
Dec 31, 2024