Enpro Industries (NPO)
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 | 1,428,600 | 1,409,700 | 1,395,100 | 1,266,600 | 1,078,500 |
| 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 ÷ $1,428,600K
= 0.00
The debt-to-equity ratio for Enpro Industries over the years from December 31, 2020, to December 31, 2024, remained consistent at 0.00. This indicates that the company has not used any debt to finance its operations and has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 signifies a low risk of financial distress due to debt obligations and suggests that the company has a strong financial position with a significant cushion of equity to support its operations. Enpro Industries' stable and low debt-to-equity ratio may indicate a conservative approach to capital structure management and a focus on maintaining financial stability and flexibility.