Tidewater Inc (TDW)
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 | 1,114,110 | 1,039,240 | 865,968 | 701,303 | 822,115 |
| Debt-to-capital ratio | 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 + $1,114,110K)
= 0.00
The debt-to-capital ratio for Tidewater Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been able to finance its operations primarily through equity rather than debt during this period. A debt-to-capital ratio of 0.00 suggests that the company has not utilized any debt in its capital structure. While a lower debt ratio is generally viewed positively as it indicates lower financial risk and reliance on borrowed funds, it is important to consider the context and industry norms to fully assess the company's capital structure and financial health.
Peer comparison
Dec 31, 2024