Aramark Holdings (ARMK)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,846,630 | 3,712,720 | 3,551,270 | 3,183,270 | 3,143,260 | 3,029,640 | 2,915,260 | 2,904,200 | 2,784,460 | 2,722,870 | 2,686,220 | 2,623,540 | 2,677,140 | 2,735,990 | 2,895,340 | 3,169,440 | 3,451,580 | 3,320,050 | 3,285,920 | 3,233,680 |
| 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, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,846,630K
= 0.00
The debt-to-equity ratio for Aramark Holdings has consistently been reported as 0.00 across multiple periods, indicating that the company has not utilized any debt to finance its operations relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company has not incurred any long-term debt or liabilities to fund its operations and growth. This may indicate a conservative financing strategy aimed at maintaining a strong financial position with lower financial risk. It is important to note that a debt-to-equity ratio of 0.00 can also arise when a company has negligible debt compared to its equity, and it may not always imply an optimal capital structure. Further analysis of the company's financial statements and business operations would be necessary to fully evaluate the implications of this consistent ratio.
Peer comparison
Dec 31, 2023