Xpel Inc (XPEL)
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 | 225,455 | 218,727 | 201,911 | 186,423 | 179,989 | 166,553 | 153,308 | 136,757 | 124,722 | 114,953 | 103,077 | 92,240 | 84,462 | 78,407 | 70,432 | 60,020 | 53,383 | 46,427 | 39,399 | 34,982 |
| 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 + $225,455K)
= 0.00
The debt-to-capital ratio of Xpel Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company has either financed its operations primarily through equity or has minimal debt relative to its total capital. This can be viewed positively by investors and creditors as it signifies a lower financial risk and a stronger financial position for Xpel Inc.