Pool Corporation (POOL)
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 | 1,273,460 | 1,312,790 | 1,235,190 | 1,071,390 | 639,470 |
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 ÷ $1,273,460K
= 0.00
Based on the provided data, Pool Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing, relying solely on equity to fund its operations and investments. A debt-to-equity ratio of 0.00 signifies that there is no debt in the company's capital structure relative to equity. This suggests that Pool Corporation has a strong financial position with no apparent financial leverage and minimal financial risk associated with debt.