AutoNation Inc (AN)
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 | 2,457,300 | 2,211,400 | 2,047,800 | 2,377,000 | 3,235,700 |
| 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 ÷ $2,457,300K
= 0.00
The debt-to-equity ratio for AutoNation Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company is not reliant on debt financing to fund its operations and growth. A low or zero debt-to-equity ratio is generally considered favorable as it suggests a lower financial risk and signifies that the company has a strong financial position with a higher proportion of equity in its capital structure. AutoNation Inc's consistent 0.00 debt-to-equity ratio reflects a healthy balance between debt and equity, potentially providing stability and financial flexibility for the company.
Peer comparison
Dec 31, 2024