Brinks Company (BCO)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 312,500 | 397,400 | 570,200 | 252,600 | 202,500 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $312,500K
= 0.00
Based on the data provided, Brinks Company has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 suggests that Brinks Company has a conservative financial structure with a lower risk of financial distress due to debt obligations. However, it's worth noting that a very low debt-to-equity ratio may also signify missed opportunities for leveraging debt capital for potential growth or tax benefits. Overall, Brinks Company's stable and conservative debt-to-equity ratio demonstrates a strong financial position and prudent financial management.
Peer comparison
Dec 31, 2024