NV5 Global Inc (NVEE)
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 | 833,014 | 775,795 | 694,240 | 624,720 | 394,069 |
| 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 + $833,014K)
= 0.00
Based on the provided data, NV5 Global Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is predominantly equity-financed rather than relying on debt for funding its operations and investments. NV5 Global Inc's low debt-to-capital ratio may indicate a conservative approach to financial leverage and a strong financial position with minimal financial risk associated with debt. It also implies that the company may have access to other sources of capital or cash flow to support its business activities.
Peer comparison
Dec 31, 2024