Somnigroup International Inc. (SGI)
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 | 559,000 | 323,400 | -22,100 | 285,800 | 503,600 |
| Debt-to-capital ratio | 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 + $559,000K)
= 0.00
The debt-to-capital ratio of Somnigroup International Inc. has remained consistently low over the years, with a ratio of 0.00 for the periods ending December 31, 2020, December 31, 2021, December 31, 2023, and December 31, 2024. It is noteworthy that the ratio for December 31, 2022 has been marked as "—", indicating that the data might be missing or not applicable for that particular year. A debt-to-capital ratio of 0.00 suggests that the company has either no debt or a very minimal amount relative to its capital structure, reflecting a potentially strong financial position and a lower financial risk associated with debt repayment.
Peer comparison
Dec 31, 2024