Arrow Electronics Inc (ARW)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,773,780 | 2,153,550 | 3,182,960 | 2,244,440 | 2,097,940 |
| Total stockholders’ equity | US$ in thousands | 5,761,150 | 5,805,460 | 5,546,360 | 5,282,300 | 5,089,320 |
| Debt-to-equity ratio | 0.48 | 0.37 | 0.57 | 0.42 | 0.41 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,773,780K ÷ $5,761,150K
= 0.48
The debt-to-equity ratio for Arrow Electronics Inc has shown fluctuations over the past five years. As of December 31, 2020, the ratio was 0.41, indicating that the company had lower levels of debt in relation to its equity. However, by December 31, 2022, the ratio had increased to 0.57, suggesting a higher proportion of debt in the company's capital structure.
Subsequently, by December 31, 2023, the debt-to-equity ratio had decreased to 0.37, reflecting a lower level of debt relative to equity. This was followed by an increase to 0.48 by December 31, 2024, indicating a higher proportion of debt once again.
Overall, the trend in the debt-to-equity ratio for Arrow Electronics Inc has been somewhat fluctuating, with the company experiencing varying levels of leverage over the years. It is essential for stakeholders to monitor this ratio closely to assess the company's financial risk and ability to meet its debt obligations.
Peer comparison
Dec 31, 2024