Teleflex Incorporated (TFX)
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 | 4,278,140 | 4,440,990 | 4,021,970 | 3,754,750 | 3,336,460 |
| 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 + $4,278,140K)
= 0.00
The debt-to-capital ratio for Teleflex Incorporated has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that Teleflex has funded its operations and investments primarily through equity, which can be viewed as a positive sign of financial stability and lower financial risk. It implies that the company may have a strong balance sheet with lower financial leverage, potentially reducing the interest expense and financial risks associated with high debt levels. However, it is essential to consider the overall context of the company's financial strategy and industry benchmarks when evaluating the significance of a consistently low debt-to-capital ratio.
Peer comparison
Dec 31, 2024