Enviri Corporation (NVRI)
Debt-to-equity 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 | 411,448 | 483,989 | 485,666 | 500,941 | 523,151 | 563,721 | 577,492 | 569,457 | 569,442 | 574,518 | 593,324 | 722,808 | 748,160 | 695,536 | 693,503 | 659,974 | 657,154 | 714,292 | 715,179 | 710,853 |
| Debt-to-equity 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-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 over the past several quarters. This indicates that the company has been financing its operations predominantly through equity rather than debt. A debt-to-equity ratio of 0.00 signifies that the company has no debt on its balance sheet in relation to its equity. This demonstrates a strong financial position and low financial risk, as the absence of debt obligations can lead to lower interest expenses and reduced financial leverage. Additionally, a debt-to-equity ratio of 0.00 may also indicate that the company has been able to fund its growth and operations internally without relying on external borrowing. Overall, Enviri Corporation's consistent zero debt-to-equity ratio reflects a sound financial strategy focused on stability and financial strength.