Brinks Company (BCO)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,623,100 | 6,670,600 | 6,561,600 | 6,679,300 | 6,601,800 | 6,264,800 | 6,411,400 | 6,253,100 | 6,366,000 | 5,933,400 | 5,823,100 | 5,750,400 | 5,566,700 | 5,552,900 | 5,578,400 | 5,190,500 | 5,135,600 | 4,903,100 | 4,771,200 | 3,800,900 |
| Debt-to-assets 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,623,100K
= 0.00
The debt-to-assets ratio of Brinks Company has been consistently 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period, which can be a positive sign as it signifies a low level of financial risk and a strong financial position. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely funded by equity, which can provide stability and flexibility in managing its operations and future growth. However, it is important to take into consideration other financial metrics and factors while evaluating the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024