Asbury Automotive Group Inc (ABG)
Debt-to-assets 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 assets | US$ in thousands | 10,337,000 | 10,173,600 | 10,306,000 | 10,131,500 | 10,159,400 | 8,255,000 | 8,165,900 | 8,182,800 | 8,021,400 | 7,816,300 | 7,638,800 | 7,860,100 | 8,002,600 | 3,571,400 | 3,524,900 | 3,582,300 | 3,676,300 | 3,530,600 | 2,934,400 | 3,069,200 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $10,337,000K
= 0.00
The debt-to-assets ratio of Asbury Automotive Group Inc has consistently been reported as 0.00 across all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt on its balance sheet relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company is entirely financed by its equity rather than debt. While this may suggest a strong financial position with little financial risk from debt, it is essential to consider other financial ratios and metrics to gain a comprehensive understanding of Asbury Automotive Group Inc's financial health and performance.
Peer comparison
Dec 31, 2024