Owens & Minor Inc (OMI)
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 | 565,226 | 924,166 | 945,604 | 938,501 | 712,054 |
| 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 ÷ $565,226K
= 0.00
Owens & Minor Inc's debt-to-equity ratio remained at 0.00 from December 31, 2020, through December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage and is entirely financed by equity. This implies that the company is not relying on borrowed funds to finance its operations or growth, which may signify a conservative financial strategy or a strong equity base. However, it is essential to consider other financial metrics and qualitative factors to assess the overall financial health and risk profile of the company effectively.
Peer comparison
Dec 31, 2024