Sturm Ruger & Company Inc (RGR)
Debt-to-capital ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 331,721 | 335,305 | 333,176 | 322,068 | 316,738 | 398,506 | 386,957 | 377,953 | 363,661 | 338,070 | 319,142 | 288,480 | 264,699 | 241,282 | 311,547 | 297,819 | 285,458 | 277,632 | 275,840 | 273,929 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $331,721K)
= 0.00
Based on the data provided, the debt-to-capital ratio for Sturm, Ruger & Co., Inc. has consistently been reported as 0.00 across all quarters in 2022 and 2023. A debt-to-capital ratio of 0.00 indicates that the company has not used any debt to finance its operations and investments relative to its capital structure.
This suggests that the company relies solely on equity financing, which can be seen as a positive sign of financial stability and strength. A lower debt-to-capital ratio signifies lower financial risk and reduced interest expenses, as the company is not burdened with debt obligations.
However, while a low debt-to-capital ratio may indicate a conservative financial approach, it could also imply missed opportunities for leveraging debt to potentially increase returns. It is important to keep monitoring the company's financial decisions to ensure a balanced capital structure that supports long-term growth and profitability.
Peer comparison
Dec 31, 2023