Enviri Corporation (NVRI)
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 | 411,448 | 523,151 | 569,442 | 748,160 | 657,154 |
| 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 + $411,448K)
= 0.00
The debt-to-capital ratio of Enviri Corporation has consistently been reported as 0.00 for the years ending December 31, from 2020 to 2024. This implies that the company has not utilized any debt as part of its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that all of the company's capital is financed by equity, which could signify a strong financial position with minimal financial leverage. It suggests that Enviri Corporation is not relying on external borrowing to fund its operations or growth, and is instead largely reliant on equity financing. While a low debt-to-capital ratio can reduce financial risk, it may also limit the tax benefits associated with debt financing. Overall, Enviri Corporation appears to have a conservative approach to capital structure, potentially prioritizing financial stability and independence.