Aecom Technology Corporation (ACM)
Debt-to-equity ratio
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 | Dec 31, 2019 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 2,184,200 | 2,298,330 | 2,198,670 | 2,247,300 | 2,212,330 | 2,454,760 | 2,594,340 | 2,555,630 | 2,476,650 | 2,451,010 | 2,531,440 | 2,510,670 | 2,712,470 | 2,708,040 | 2,822,970 | 2,908,200 | 3,292,560 | 3,744,890 | 3,531,500 | 3,673,000 |
Debt-to-equity 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 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,184,200K
= 0.00
Based on the data provided, Aecom Technology Corporation has consistently maintained a debt-to-equity ratio of 0.00 across multiple reporting periods. This implies that the company has not utilized any debt to finance its operations and growth but heavily relied on equity financing. A debt-to-equity ratio of 0.00 indicates that the company has no debt obligations relative to its equity, suggesting a low financial risk and a strong financial position. However, it is important to note that a zero debt-to-equity ratio may not always be optimal as some level of debt can be beneficial in optimizing the company's capital structure and potentially enhancing returns for shareholders.
Peer comparison
Sep 30, 2024