Dentsply Sirona Inc (XRAY)
Debt-to-equity 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-equity ratio | 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 ÷ $1,942,000K
= 0.00
The debt-to-equity ratio for Dentsply Sirona Inc for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is consistently 0.00. This indicates that the company has no debt or a negligible amount of debt relative to its equity during these years.
A debt-to-equity ratio of 0.00 implies that the company is primarily financed by equity rather than debt. In this case, Dentsply Sirona Inc appears to have a strong financial position with little reliance on borrowed funds to support its operations and growth.
Investors and creditors generally view a low debt-to-equity ratio favorably as it suggests lower financial risk and indicates a company's ability to manage its financial obligations without taking on excessive debt. However, it is essential to consider the industry norms and the company's specific circumstances when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2024