Standard Motor Products Inc (SMP)
Debt-to-capital 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 | 615,745 | 638,833 | 640,018 | 639,150 | 635,064 | 629,348 | 629,673 | 621,644 | 610,020 | 599,387 | 601,586 | 611,871 | 601,580 | 587,018 | 583,616 | 556,940 | 550,236 | 544,904 | 510,656 | 496,613 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $615,745K)
= 0.00
Standard Motor Products Inc has maintained a consistent debt-to-capital ratio of 0.00% from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00% indicates that the company has either no debt or a negligible amount of debt relative to its total capital. This suggests that Standard Motor Products Inc relies more on equity financing rather than debt financing to fund its operations and investments. A low debt-to-capital ratio can be seen as a positive indicator, as it signifies lower financial risk and potentially more financial stability for the company in the long term.
Peer comparison
Dec 31, 2024