Aramark Holdings (ARMK)
Debt-to-capital ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,712,720 | 3,029,640 | 2,722,870 | 2,735,990 | 3,320,050 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,712,720K)
= 0.00
The debt-to-capital ratio for Aramark Holdings has consistently been recorded as 0.00 for the past five years, including as of September 30, 2023. This indicates that the company has not used any debt to finance its operations relative to its total capital over this period. A debt-to-capital ratio of 0.00 suggests that the company relies predominantly on equity financing rather than debt financing to support its business activities. This may reflect a conservative financial strategy aimed at minimizing the company's leverage and associated financial risks. It is important to note that a low or zero debt-to-capital ratio does not necessarily imply financial strength or weakness on its own, as each company's capital structure and financial decisions are influenced by various factors.
Peer comparison
Sep 30, 2023