National Presto Industries Inc (NPK)

Debt-to-equity ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 356,256 342,682 335,296 329,483 348,052 345,525 336,372 329,391 357,623 354,071 349,690 340,119 374,348 360,047 347,695 334,690 367,957 355,891 339,199 330,669
Debt-to-equity 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, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $356,256K
= 0.00

The debt-to-equity ratio of National Presto Industries Inc has consistently been reported as 0.00 throughout the periods presented in the table. This indicates that the company has not utilized debt as a source of financing and has relied solely on equity to fund its operations and investments. A debt-to-equity ratio of 0.00 suggests that the company has a conservative financial structure with a low level of financial leverage, which can be seen as a positive indicator of financial stability and lower financial risk. However, it is important to note that a debt-to-equity ratio of 0.00 could also potentially indicate incomplete or inaccurate reporting of financial data.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
National Presto Industries Inc
NPK
0.00
Axon Enterprise Inc.
AXON
0.42
Sturm Ruger & Company Inc
RGR
0.00
Vista Outdoor Inc
VSTO
0.64