Newell Brands Inc (NWL)
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 | 2,751,000 | 3,112,000 | 3,519,000 | 4,091,000 | 3,874,000 |
| 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 + $2,751,000K)
= 0.00
The debt-to-capital ratio for Newell Brands Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been utilizing no debt to finance its operations and investments relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company is relying more on equity financing rather than debt financing, which could indicate a lower financial risk. However, it is important to note that a very low debt-to-capital ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Further analysis of the company's financial health, capital structure, and overall risk profile would be necessary to fully assess the implications of this consistent ratio trend.
Peer comparison
Dec 31, 2024