Rogers Corporation (ROG)
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 | 1,251,600 | 1,259,000 | 1,172,470 | 1,118,900 | 1,020,760 |
| 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 + $1,251,600K)
= 0.00
The debt-to-capital ratio for Rogers Corporation has remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt to finance its operations or investments, and is solely funded by its capital or equity. A consistent debt-to-capital ratio of 0.00 suggests that Rogers Corporation has a strong capital structure with minimal financial leverage, which may be viewed positively by investors and creditors in terms of financial stability and risk management.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
Rogers Corporation
ROG
0.00
AdvanSix Inc
ASIX
0.00
Albemarle Corp
ALB
0.24
Avient Corp
AVNT
0.00
Dow Inc
DOW
0.00
Dupont De Nemours Inc
DD
0.00
Eastman Chemical Company
EMN
0.00
Hexcel Corporation
HXL
0.31