Enpro Industries (NPO)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,428,600 | 1,457,900 | 1,430,400 | 1,413,900 | 1,409,700 | 1,407,900 | 1,414,400 | 1,435,100 | 1,395,100 | 1,267,800 | 1,275,000 | 1,261,300 | 1,266,600 | 1,140,700 | 1,118,100 | 1,080,900 | 1,078,500 | 1,065,900 | 1,084,200 | 1,071,900 |
| 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, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,428,600K
= 0.00
Enpro Industries has maintained a consistent debt-to-equity ratio of 0.00 over the past several quarters. This indicates that the company has not utilized any debt in its capital structure relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company is entirely financed by equity, which may suggest lower financial risk compared to companies with higher debt levels. It appears that Enpro Industries has chosen to rely solely on equity financing for its operations, potentially minimizing interest expenses and financial leverage risks. However, it is also important to consider that a very low debt-to-equity ratio may limit the company's ability to benefit from financial leverage and potential tax advantages associated with debt financing.