Sturm Ruger & Company Inc (RGR)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $331,721K
= 0.00
The debt-to-equity ratio for Sturm, Ruger & Co., Inc. has been consistently at 0.00 for the past eight quarters, suggesting that the company has been entirely financing its operations through equity rather than debt. This indicates a strong financial position in which the company is not relying on external borrowing to fund its activities. A debt-to-equity ratio of 0.00 is typically seen as very favorable by investors and creditors as it implies that the company has no debt obligations and a relatively high level of equity investment by shareholders. However, it is important to consider the potential limitations of relying solely on equity for funding, such as the potential dilution of existing shareholders' ownership stakes. Nonetheless, the consistent 0.00 debt-to-equity ratio for Sturm, Ruger & Co., Inc. reflects a stable and robust financial structure.
Peer comparison
Dec 31, 2023