Arrow Electronics Inc (ARW)
Debt-to-assets 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 | 2,773,780 | 2,363,240 | 2,479,310 | 2,632,250 | 2,153,550 | 2,615,000 | 3,672,830 | 3,719,060 | 3,182,960 | 3,187,020 | 2,856,490 | 2,790,820 | 2,244,440 | 2,039,760 | 1,884,390 | 1,903,850 | 2,097,940 | 2,097,740 | 2,098,370 | 2,222,790 |
| Total assets | US$ in thousands | 21,757,700 | 20,934,600 | 20,107,800 | 20,262,900 | 21,726,200 | 20,638,400 | 20,535,900 | 20,276,500 | 21,763,200 | 20,505,700 | 19,894,400 | 19,512,900 | 19,535,500 | 17,430,500 | 16,842,800 | 16,173,600 | 17,053,900 | 15,496,600 | 15,604,500 | 15,391,500 |
| Debt-to-assets ratio | 0.13 | 0.11 | 0.12 | 0.13 | 0.10 | 0.13 | 0.18 | 0.18 | 0.15 | 0.16 | 0.14 | 0.14 | 0.11 | 0.12 | 0.11 | 0.12 | 0.12 | 0.14 | 0.13 | 0.14 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,773,780K ÷ $21,757,700K
= 0.13
Arrow Electronics Inc's debt-to-assets ratio has shown fluctuations over the past few years. The ratio decreased from 0.14 as of March 31, 2020, to 0.11 as of June 30, 2021, indicating a lower proportion of debt relative to total assets during this period. However, the ratio increased to 0.18 as of June 30, 2023, before decreasing again to 0.11 as of December 31, 2023. This suggests that the company's debt levels relative to its assets have been somewhat volatile, potentially indicating changing capital structure or debt management strategies. Overall, the company's debt-to-assets ratio has ranged between 0.10 and 0.18, with a current ratio of 0.13 as of December 31, 2024.
Peer comparison
Dec 31, 2024