Cactus Inc (WHD)
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 | 1,264,180 | 1,003,020 | 954,676 | 893,366 | 865,522 | 1,010,070 | 952,774 | 925,836 | 710,445 | 544,239 | 517,239 | 492,323 | 595,033 | 579,700 | 441,970 | 559,050 | 550,770 | 546,560 | 547,907 | 542,426 |
| 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 + $1,264,180K)
= 0.00
The debt-to-capital ratio of Cactus Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments, and its capital structure is entirely composed of equity. A debt-to-capital ratio of 0.00 signifies a low risk of financial distress due to debt obligations and may indicate financial stability. It suggests that the company has not relied on external borrowing to fund its activities, which could be seen as a positive sign by investors and creditors.
Peer comparison
Dec 31, 2024