PPG Industries Inc (PPG)
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 | 6,785,000 | 7,788,000 | 7,767,000 | 7,941,000 | 7,832,000 | 7,751,000 | 7,614,000 | 7,142,000 | 6,592,000 | 6,034,000 | 6,182,000 | 6,218,000 | 6,286,000 | 6,253,000 | 6,242,000 | 5,839,000 | 5,689,000 | 5,310,000 | 4,832,000 | 4,723,000 |
| 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 ÷ $6,785,000K
= 0.00
The debt-to-equity ratio for PPG Industries Inc has consistently been 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has been utilizing primarily equity financing rather than debt to support its operations and growth. A low or zero debt-to-equity ratio can suggest financial stability and lower financial risk, as it implies that the company is not relying heavily on debt to fund its activities. Investors may view a low debt-to-equity ratio positively as it signifies a strong financial position and effective management of capital structure. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-equity ratio when assessing the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024