Owens & Minor Inc (OMI)
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 | 565,226 | 874,592 | 860,702 | 894,868 | 924,166 | 886,860 | 896,229 | 924,400 | 945,604 | 966,837 | 958,659 | 947,622 | 938,501 | 887,005 | 848,019 | 786,261 | 712,054 | 451,335 | 395,162 | 416,338 |
| 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 ÷ $565,226K
= 0.00
Owens & Minor Inc has consistently maintained a debt-to-equity ratio of 0.00 from March 2020 to December 2024 based on the provided data. A debt-to-equity ratio of 0.00 indicates that the company has not utilized any debt to finance its operations and has relied solely on equity financing. This implies that the company's financial structure is primarily equity-based, indicating a lower financial risk as there is no debt obligation to repay.
While a debt-to-equity ratio of 0.00 may suggest a conservative financial approach and financial stability, it is important to note that this ratio alone may not provide a complete picture of the company's financial health. It is advisable to consider other financial ratios and metrics to assess the overall financial performance and risk of Owens & Minor Inc.
Peer comparison
Dec 31, 2024