Owens & Minor Inc (OMI)
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 | 565,226 | 924,166 | 945,604 | 938,501 | 712,054 |
| 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 + $565,226K)
= 0.00
Owens & Minor Inc's debt-to-capital ratio has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt to finance its operations in relation to its capital structure during these years. A debt-to-capital ratio of 0.00 suggests that the company is primarily using equity financing rather than debt financing, which may indicate a lower risk profile and financial leverage. It is important to note that while a low debt ratio can be seen as a positive indicator of financial stability, it may also limit the company's ability to leverage debt for potential expansion or growth opportunities in the future. Overall, an ongoing monitoring of the company's capital structure and financing strategies is warranted to ensure sustainable and balanced growth in the long term.
Peer comparison
Dec 31, 2024