Oshkosh Corporation (OSK)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,152,100 | 3,705,300 | 3,705,300 | 3,185,700 | 3,185,700 |
| 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 + $4,152,100K)
= 0.00
Oshkosh Corporation has consistently maintained a debt-to-capital ratio of 0.00% over the past few years, as indicated by the financial statement data provided. A debt-to-capital ratio of 0.00% implies that the company has zero debt in relation to its total capital structure. This could suggest that Oshkosh Corporation has been operating with a conservative financial strategy, relying more on equity financing rather than debt to fund its operations and investments. A low or zero debt-to-capital ratio can signify financial stability and low financial risk, as the company is not heavily leveraged. Overall, Oshkosh Corporation's consistent zero debt-to-capital ratio reflects a strong financial position and prudent financial management.
Peer comparison
Dec 31, 2024