Dentsply Sirona Inc (XRAY)
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 | 1,942,000 | 3,293,000 | 3,812,000 | 5,043,000 | 4,970,000 |
| 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 + $1,942,000K)
= 0.00
Based on the data provided, Dentsply Sirona Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt is either negligible or completely absent in relation to its total capital. A debt-to-capital ratio of 0.00 reflects a financially conservative approach, suggesting that the company may be relying more on equity financing rather than debt to fund its operations and expansion. This could be seen as a positive sign of financial stability and solvency, as lower debt levels typically indicate lower financial risk and leverage. However, it's also important to consider the context of the industry and company's specific circumstances when evaluating the implications of a consistently low debt-to-capital ratio.
Peer comparison
Dec 31, 2024