Cactus Inc (WHD)
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 | 1,071,120 | 865,522 | 710,445 | 595,033 | 550,770 |
| 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 + $1,071,120K)
= 0.00
The debt-to-capital ratio of Cactus Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely financed by equity, which may be viewed favorably by investors and creditors concerned about the company's solvency and financial risk. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of Cactus Inc's overall financial health and leverage position.
Peer comparison
Dec 31, 2024