Resideo Technologies Inc (REZI)
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 | 3,309,000 | 2,749,000 | 2,529,000 | 2,252,000 | 1,993,000 |
| 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 ÷ $3,309,000K
= 0.00
The debt-to-equity ratio of Resideo Technologies Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to fund its operations and has relied solely on equity financing. A debt-to-equity ratio of 0.00 signifies that the company's financial structure is not leveraged with debt, which may imply a lower financial risk and potential for financial stability. However, it is essential to consider other factors such as the industry norms and the company's specific circumstances when evaluating the significance of this ratio.