Standard Motor Products Inc (SMP)
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 | 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-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 ÷ $615,745K
= 0.00
Standard Motor Products Inc has consistently maintained a debt-to-equity ratio of 0.00 across all reporting periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity, suggesting that it relies more on equity financing rather than debt financing to fund its operations and growth. This low level of debt relative to equity signifies a conservative financial structure and may indicate that the company is effectively managing its capital structure to minimize financial risk. Additionally, a consistently low debt-to-equity ratio may be seen as a positive signal to investors and creditors concerning the company's financial health and stability.
Peer comparison
Dec 31, 2024