NV5 Global Inc (NVEE)
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 | 833,014 | 775,795 | 694,240 | 624,720 | 394,069 |
| 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 ÷ $833,014K
= 0.00
The debt-to-equity ratio for NV5 Global Inc has consistently remained at 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period. A debt-to-equity ratio of 0.00 signifies that the company's financial leverage is very low, as there is no debt relative to equity in its capital structure. Overall, this stable and low debt-to-equity ratio suggests that NV5 Global Inc has been relying more on equity financing rather than taking on debt to fund its business activities.
Peer comparison
Dec 31, 2024