Enviri Corporation (NVRI)
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 | 411,448 | 523,151 | 569,442 | 748,160 | 657,154 |
| 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 ÷ $411,448K
= 0.00
Enviri Corporation has consistently maintained a debt-to-equity ratio of 0.00 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, relying solely on equity for capital. A debt-to-equity ratio of 0.00 typically suggests a conservative financial strategy, as it signifies a low level of financial risk and potential for financial distress. However, it is essential to consider the industry norms and specific circumstances of the company to fully assess the implications of this ratio.