National Presto Industries Inc (NPK)
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 | 367,627 | 356,256 | 348,052 | 357,623 | 374,348 |
| 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 + $367,627K)
= 0.00
The debt-to-capital ratio for National Presto Industries Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital is entirely financed by equity, which can be perceived positively by investors as it indicates a low financial risk and potential stability in the company's operations. However, it is essential to assess the overall financial health and efficiency of the company in conjunction with other financial metrics to gain a comprehensive understanding of its financial position.
Peer comparison
Dec 31, 2024