Brinks Company (BCO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 312,500 | 397,400 | 570,200 | 252,600 | 202,500 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $312,500K)
= 0.00
The debt-to-capital ratio of Brinks Company has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is predominantly equity-funded rather than debt-funded. This could imply a lower financial risk for the company as it is not reliant on borrowed funds to support its operations or expansion. Additionally, a zero debt-to-capital ratio may indicate a strong financial position and creditworthiness, as the company is not burdened by debt obligations. It suggests that Brinks Company has been managing its capital structure prudently and maintaining a healthy balance between debt and equity financing.
Peer comparison
Dec 31, 2024