Pursuit Attractions and Hospitality, Inc. (PRSU)

Debt-to-capital 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 525,825 43,433 14,530 6,282 95,955
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 + $525,825K)
= 0.00

The debt-to-capital ratio for Pursuit Attractions and Hospitality, Inc. remains at zero for each fiscal year from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized any debt financing during this period and solely relies on equity or other non-debt sources of capital. The consistent absence of debt implies a financial structure that is entirely equity-based, which may suggest a conservative financing policy or a lack of leverage to fund operations and growth initiatives. Such a debt profile typically results in lower financial risk and interest obligations but could also limit the company's leverage for expansion or investment opportunities.