ArcBest Corp (ARCB)
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 | 125,156 | 118,312 | 144,972 | 148,992 | 161,990 | 176,296 | 168,105 | — | 198,371 | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,314,360 | 1,307,100 | 1,231,540 | 1,222,730 | 1,242,360 | 1,220,730 | 1,211,360 | 1,205,860 | 1,151,400 | 1,126,290 | 1,063,210 | 983,172 | 929,067 | 961,043 | 898,134 | 851,909 | 828,593 | 802,639 | 775,091 | 759,206 |
| Debt-to-equity ratio | 0.10 | 0.09 | 0.12 | 0.12 | 0.13 | 0.14 | 0.14 | 0.00 | 0.17 | 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
= $125,156K ÷ $1,314,360K
= 0.10
The debt-to-equity ratio of ArcBest Corp has shown a steady trend from December 31, 2022, to December 31, 2024. The ratio increased slightly from 0.17 in December 31, 2022, to 0.10 in December 31, 2024. This indicates that the company has been managing its debt and equity structure effectively during this period. A lower debt-to-equity ratio generally suggests a lower financial risk, as the company relies less on debt financing and has a stronger equity base to support its operations. However, it is important to consider other factors alongside this ratio when assessing the overall financial health and stability of the company.
Peer comparison
Dec 31, 2024