USANA Health Sciences Inc (USNA)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 532,109 533,087 512,208 499,988 497,202 470,394 468,824 455,354 434,472 411,099 403,681 389,946 395,124 399,079 418,623 402,777 441,650 389,117 349,076 317,608
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 + $532,109K)
= 0.00

The debt-to-capital ratio of USANA Health Sciences Inc over the reported period remains consistently at 0.00. This indicates that the company has not used debt to finance its operations but has relied on equity capital to fund its activities. A debt-to-capital ratio of 0.00 implies that the company's capital structure is predominantly equity-funded, which can be seen as a positive sign by investors and creditors due to lower financial risk associated with debt obligations. Overall, the stable and low debt-to-capital ratio suggests that the company has a strong financial position and is not heavily burdened by debt.