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