Arrow Electronics Inc (ARW)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 5,761,150 | 5,963,100 | 5,743,300 | 5,699,150 | 5,805,460 | 5,485,260 | 5,586,340 | 5,530,530 | 5,546,360 | 5,245,750 | 5,340,470 | 5,369,950 | 5,282,300 | 5,178,480 | 5,164,920 | 5,155,760 | 5,089,320 | 4,781,060 | 4,694,820 | 4,595,120 |
| Debt-to-capital ratio | 0.32 | 0.28 | 0.30 | 0.32 | 0.27 | 0.32 | 0.40 | 0.40 | 0.36 | 0.38 | 0.35 | 0.34 | 0.30 | 0.28 | 0.27 | 0.27 | 0.29 | 0.30 | 0.31 | 0.33 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,773,780K ÷ ($2,773,780K + $5,761,150K)
= 0.32
Based on the data provided, Arrow Electronics Inc has displayed fluctuations in its debt-to-capital ratio over the period from March 31, 2020, to December 31, 2024. The debt-to-capital ratio indicates the proportion of a company's capital structure that is financed through debt.
Arrow Electronics Inc's debt-to-capital ratio has shown a general downward trend from 0.33 on March 31, 2020, to a low of 0.27 in March 31, 2021, and December 31, 2023. This trend suggests that the company has been decreasing its reliance on debt financing in relation to its total capital.
However, there have been instances of higher ratios as well, such as the peak of 0.40 in March 31, 2023 and June 30, 2023. This could indicate periods where Arrow Electronics Inc increased its debt levels compared to its total capital.
Overall, the varying debt-to-capital ratios of Arrow Electronics Inc reflect changes in its capital structure and financing decisions over the period, highlighting the company's management of debt and equity to support its operations and growth strategies.
Peer comparison
Dec 31, 2024