Pursuit Attractions and Hospitality, Inc. (PRSU)
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 | 525,825 | 43,433 | 14,530 | 6,282 | 95,955 |
| 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 ÷ $525,825K
= 0.00
The debt-to-equity ratio of Pursuit Attractions and Hospitality, Inc. remained consistently at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has maintained an entirely equity-financed capital structure over this period, with no reported debt obligations. The persistent absence of debt suggests that the firm relies exclusively on equity financing, which may reflect a conservative financial strategy or a period of strong retained earnings and cash reserves. The stable ratio over five years implies that there has been no recent increase in leverage, and the company’s financial leverage remains at zero, potentially reducing financial risk but also possibly limiting growth opportunities that might be financed through debt.
Peer comparison
Dec 31, 2024