Rogers Corporation (ROG)
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 | 1,251,600 | 1,259,000 | 1,172,470 | 1,118,900 | 1,020,760 |
| 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 ÷ $1,251,600K
= 0.00
The debt-to-equity ratio for Rogers Corporation has been consistently at 0.00 for the years 2020 to 2024. This indicates that the company has no debt in its capital structure relative to its equity. A debt-to-equity ratio of 0.00 signifies a conservative financial policy where the company relies more on equity financing rather than debt financing. This is generally considered a positive sign as it implies lower financial risk and a lower probability of financial distress. However, it's important to assess the overall financial health and performance of the company in conjunction with other financial ratios to gain a comprehensive understanding of its financial position.
Peer comparison
Dec 31, 2024