National Presto Industries Inc (NPK)
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 | 367,627 | 356,256 | 348,052 | 357,623 | 374,348 |
| 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 ÷ $367,627K
= 0.00
The debt-to-equity ratio of National Presto Industries Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no financial leverage through debt to support its operations and growth. A debt-to-equity ratio of 0.00 implies that the company is entirely financed by equity, which may be seen as a positive sign of stability and financial strength. However, it's essential to consider other factors such as the industry norms and overall financial health of the company to get a complete understanding of its financial position.
Peer comparison
Dec 31, 2024