Resideo Technologies Inc (REZI)
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 | 3,309,000 | 2,749,000 | 2,529,000 | 2,252,000 | 1,993,000 |
| 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 + $3,309,000K)
= 0.00
The debt-to-capital ratio of Resideo Technologies Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of capital in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's total debt is either very low or non-existent in relation to its total capital, which includes both debt and equity. While a lower debt-to-capital ratio can signify lower financial risk due to lower leverage, it may also suggest missed opportunities for potentially beneficial debt financing strategies to enhance growth or investment opportunities. Overall, Resideo Technologies Inc's consistent 0.00 debt-to-capital ratio reflects a conservative approach to capital structure management during this period.