Minerals Technologies Inc (MTX)
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 | 1,747,000 | 1,652,000 | 1,579,400 | 1,539,300 | 1,460,800 |
| 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 ÷ $1,747,000K
= 0.00
The debt-to-equity ratio of Minerals Technologies Inc has remained consistently at 0.00 from December 31, 2020, until December 31, 2024. This indicates that the company has not utilized any debt financing in relation to its equity over this period. A debt-to-equity ratio of 0.00 typically suggests that the company operates with minimal or no financial leverage and relies more on equity financing. While low debt levels can signify financial stability and lower default risk, it may also imply missed opportunities for leveraging debt to potentially enhance returns. Further analysis of the company's capital structure and financing decisions may provide additional insights into its financial strategy and risk management practices.
Peer comparison
Dec 31, 2024