AutoNation Inc (AN)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,457,300 | 2,371,200 | 2,183,200 | 2,359,800 | 2,211,400 | 2,142,000 | 2,091,800 | 2,020,300 | 2,047,800 | 2,255,200 | 2,325,000 | 2,345,600 | 2,377,000 | 2,356,500 | 2,856,800 | 3,193,900 | 3,235,700 | 3,357,900 | 3,137,700 | 2,846,900 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,457,300K)
= 0.00
The debt-to-capital ratio of AutoNation Inc has consistently been 0.00 for each period reported from March 31, 2020, to December 31, 2024. This indicates that AutoNation Inc has not utilized debt as a source of capital in its capital structure during these periods. A debt-to-capital ratio of 0.00 implies that the company has not incurred any debt relative to its total capital, which is primarily composed of equity and reserves. Companies with a lower debt-to-capital ratio are generally considered less risky by investors and creditors, as they have lower financial leverage and are less vulnerable to financial distress caused by debt repayment obligations. It also suggests that AutoNation Inc may have strong internal funding sources or conservative financial policies in place.
Peer comparison
Dec 31, 2024