Newell Brands Inc (NWL)
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 | 2,751,000 | 3,112,000 | 3,519,000 | 4,091,000 | 3,874,000 |
| 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 ÷ $2,751,000K
= 0.00
The debt-to-equity ratio of Newell Brands Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a minimal amount of debt relative to its equity during this period. A debt-to-equity ratio of 0.00 generally suggests that the company is relying more on equity financing rather than debt financing to support its operations and growth. It also implies a lower financial risk as there is no significant leverage in the company's capital structure. Furthermore, potential investors and creditors may view a low or zero debt-to-equity ratio positively as it signifies a strong financial position and stability.
Peer comparison
Dec 31, 2024