Interface Inc (TILE)
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 | 489,148 | 425,947 | 361,537 | 363,398 | 326,538 |
| 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 ÷ $489,148K
= 0.00
Interface Inc's debt-to-equity ratio has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its equity during this period. A debt-to-equity ratio of 0.00 could suggest that Interface Inc is primarily financed by equity rather than debt, which may be viewed positively by investors and creditors as it signifies lower financial risk and potential for greater stability in the long term.
Peer comparison
Dec 31, 2024