Rogers Corporation (ROG)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,251,600 1,300,700 1,260,800 1,259,800 1,259,000 1,210,610 1,205,620 1,178,260 1,172,470 1,089,850 1,106,570 1,117,480 1,118,900 1,099,260 1,076,660 1,040,860 1,020,760 987,024 962,582 937,809
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, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,251,600K
= 0.00

The debt-to-equity ratio of Rogers Corporation has been consistently calculated at 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt relative to its equity during these periods. A debt-to-equity ratio of 0.00 suggests that the company is primarily funded by equity, which may be viewed positively as it signifies a lower financial risk and a strong financial position. However, it is important to consider that a very low debt-to-equity ratio may also suggest underutilization of debt financing, which could potentially limit the company's growth opportunities or tax benefits.