AutoNation Inc (AN)
Debt-to-equity 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-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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,457,300K
= 0.00
AutoNation Inc has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has been using primarily equity financing rather than debt to fund its operations and growth. A debt-to-equity ratio of 0.00 suggests that the company does not have any debt in its capital structure relative to its equity, which can be considered a positive sign as it implies lower financial risk and potential financial stability. However, it is essential to note that a very low debt-to-equity ratio may also indicate missed opportunities for leveraging debt financing for potential growth or expansion. Overall, AutoNation's consistent 0.00 debt-to-equity ratio reflects a conservative financing strategy with a focus on equity financing.
Peer comparison
Dec 31, 2024