AutoNation Inc (AN)
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 | 2,457,300 | 2,211,400 | 2,047,800 | 2,377,000 | 3,235,700 |
| 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 + $2,457,300K)
= 0.00
Based on the data provided for AutoNation Inc, the debt-to-capital ratio has been consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure, meaning that all of its capital comes from equity sources. This could imply that AutoNation Inc has been operating with a capital structure that is free from debt obligations, which may be viewed positively by investors as it signifies a lower financial risk and potential for higher returns on equity investments.
Peer comparison
Dec 31, 2024