Somnigroup International Inc. (SGI)
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 | 559,000 | 323,400 | -22,100 | 285,800 | 503,600 |
| Debt-to-equity ratio | 0.00 | 0.00 | — | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $559,000K
= 0.00
The debt-to-equity ratio of Somnigroup International Inc. has been consistently low across the years, standing at 0.00 for the fiscal years ending December 31, 2020, 2021, 2023, and 2024. However, for the year ending December 31, 2022, the ratio is denoted as "—", which indicates a missing or not applicable value. A debt-to-equity ratio of 0.00 typically suggests that the company's debt levels are either very low or non-existent in comparison to its equity, signifying a lower financial risk and potentially indicating that it primarily relies on equity financing for its operations and growth. It would be beneficial to further investigate the reasons behind the missing data for 2022 to gain a comprehensive understanding of the company's capital structure and financial strategy during that particular period.
Peer comparison
Dec 31, 2024