Silgan Holdings Inc (SLGN)
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 | 1,989,580 | 1,889,360 | 1,718,300 | 1,562,700 | 1,252,900 |
| 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 ÷ $1,989,580K
= 0.00
The debt-to-equity ratio of Silgan Holdings Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and is entirely relying on equity for its capital structure. A debt-to-equity ratio of 0.00 typically suggests a conservative financial approach with lower financial risk, as there is no debt obligation to be repaid. However, it is important to note that a very low or zero debt-to-equity ratio may also imply missed opportunities for leveraging financial leverage for potential growth or tax advantages.
Peer comparison
Dec 31, 2024