Proto Labs Inc (PRLB)
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 | 670,151 | 695,295 | 697,648 | 828,493 | 644,356 |
| 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 ÷ $670,151K
= 0.00
Proto Labs Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, indicating that the company has not utilized any debt financing to support its operations or growth. This low ratio suggests that the company relies primarily on equity financing, which can be seen as a positive sign of financial stability and strength. Furthermore, the absence of debt may also reduce the company's financial risk and interest expense, contributing to a more favorable financial position. Overall, Proto Labs Inc's consistent 0.00 debt-to-equity ratio reflects a prudent financial strategy and a strong balance sheet.
Peer comparison
Dec 31, 2024