Brinks Company (BCO)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 312,500 | 277,100 | 320,500 | 396,400 | 397,400 | 462,800 | 664,200 | 605,000 | 570,200 | 202,700 | 240,500 | 240,000 | 252,600 | 249,000 | 174,000 | 225,100 | 202,500 | 90,000 | 111,300 | 82,000 |
| Debt-to-capital 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-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 remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a significant source of financing in relation to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is primarily funded by sources other than debt, such as equity or retained earnings. This stability in the debt-to-capital ratio may signify that Brinks Company has a conservative approach to leverage and is managing its capital structure prudently.
Peer comparison
Dec 31, 2024