Teleflex Incorporated (TFX)
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 | 4,278,140 | 4,440,990 | 4,021,970 | 3,754,750 | 3,336,460 |
| 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 ÷ $4,278,140K
= 0.00
Based on the data provided, Teleflex Incorporated has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or very minimal debt relative to its equity. This suggests that Teleflex has been primarily financed through equity rather than debt during this period.
Having a debt-to-equity ratio of 0.00 can imply financial stability and a lower financial risk for the company, as it indicates a conservative approach to capital structure with a lower reliance on borrowed funds. It also suggests that Teleflex may have strong internal financial resources or access to equity financing to support its operations and growth without taking on significant debt obligations.
Overall, the consistent 0.00 debt-to-equity ratio for Teleflex over the analyzed period may be viewed positively by investors and creditors, as it signals a financially healthy position and effective management of capital structure by the company. However, it's essential to consider other financial metrics and industry benchmarks for a comprehensive assessment of Teleflex's financial health and performance.
Peer comparison
Dec 31, 2024