Brinks Company (BCO)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $312,500K
= 0.00
The debt-to-equity ratio of Brinks Company has consistently been 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this time frame. A debt-to-equity ratio of 0.00 signifies that the company's financing is entirely equity-based, implying that there is no financial leverage at play in the company's capital structure. This can be perceived as a positive sign in terms of financial stability and risk management, as the absence of debt can lower the financial risk and interest expenses for the company. However, it is important to note that a low debt-to-equity ratio could also indicate underutilization of debt as a tool for potential growth or expansion opportunities.
Peer comparison
Dec 31, 2024