Interface Inc (TILE)
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 | 489,148 | 425,947 | 361,537 | 363,398 | 326,538 |
| 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 + $489,148K)
= 0.00
Interface Inc's debt-to-capital ratio remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company did not have any long-term debt or had a negligible amount in relation to its overall capital structure during this period. A debt-to-capital ratio of 0.00% suggests that the company's capital structure was primarily funded by equity rather than debt. This can be viewed positively as it implies lower financial risk and less reliance on borrowed funds for financing operations or investments. However, it is important to consider other financial metrics and factors to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2024