Enpro Industries (NPO)
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 | 1,428,600 | 1,409,700 | 1,395,100 | 1,266,600 | 1,078,500 |
| 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 + $1,428,600K)
= 0.00
The debt-to-capital ratio for Enpro Industries has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to fund its operations or growth initiatives during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is predominantly composed of equity, which can be seen as a positive indicator of financial stability and a lower risk profile. Enpro Industries' ability to maintain a debt-to-capital ratio of 0.00 suggests a conservative approach to financial management and a reduced dependency on external borrowing to support its business activities.