Marriot Vacations Worldwide (VAC)
Debt-to-equity 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 | 2,442,000 | 2,419,000 | 2,372,000 | 2,379,000 | 2,382,000 | 2,408,000 | 2,476,000 | 2,478,000 | 2,496,000 | 2,626,000 | 2,745,000 | 2,814,000 | 2,976,000 | 2,973,000 | 2,982,000 | 2,709,000 | 2,651,000 | 2,658,000 | 2,699,000 | 2,759,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,442,000K
= 0.00
The debt-to-equity ratio for Marriot Vacations Worldwide has consistently remained at 0.00 from March 2020 to December 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure, as the ratio is calculated by dividing total debt by total equity. This suggests that Marriot Vacations Worldwide has been primarily financed through equity rather than debt during this period. A low or zero debt-to-equity ratio can be seen as a positive indicator as it implies lower financial risk and a strong financial position. However, it is important to consider other financial metrics and factors to gain a more comprehensive understanding of the company's overall financial health and leverage position.