USANA Health Sciences Inc (USNA)
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 | 532,109 | 497,202 | 434,472 | 395,124 | 441,650 |
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 ÷ $532,109K
= 0.00
USANA Health Sciences Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure, which may be perceived positively by investors as it signifies lower financial risk and potential for lower interest expenses. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and operational efficiency.