NV5 Global Inc (NVEE)
Debt-to-capital 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 | 833,014 | 823,001 | 802,599 | 783,280 | 775,795 | 759,917 | 741,148 | 719,870 | 694,240 | 682,357 | 660,943 | 639,503 | 624,720 | 604,122 | 585,986 | 547,189 | 394,069 | 384,565 | 372,370 | 364,366 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $833,014K)
= 0.00
The debt-to-capital ratio of NV5 Global Inc has been consistently reported as 0.00 across all the quarterly periods from March 31, 2020 to December 31, 2024. This indicates that the company has not utilized debt financing as a part of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity rather than debt. This could signify a conservative approach to financing, potentially reducing financial risk and interest expenses for NV5 Global Inc. Additionally, a low or zero debt-to-capital ratio may enhance the company's creditworthiness in the eyes of investors and creditors.
Peer comparison
Dec 31, 2024