Aramark Holdings (ARMK)
Debt-to-equity ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,038,970 | 3,712,720 | 3,029,640 | 2,722,870 | 2,735,990 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,038,970K
= 0.00
The debt-to-equity ratio of Aramark Holdings has been consistently reported as 0.00 for the past five fiscal years, including the latest report as of September 30, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests a conservative financial strategy, where the company relies more on equity financing rather than taking on debt. However, it is important to note that a debt-to-equity ratio of 0.00 may also signal that there is no debt on the balance sheet or that the company has an unusual capital structure. Further analysis of the balance sheet and financial strategies is recommended to gain a more detailed understanding of Aramark Holdings' financial health and performance.
Peer comparison
Sep 30, 2024