Cable One Inc (CABO)
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 | 1,796,030 | 1,873,140 | 1,757,970 | 1,793,100 | 1,495,300 |
| 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 + $1,796,030K)
= 0.00
The debt-to-capital ratio for Cable One Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt, which can be perceived positively by investors and creditors as it implies lower financial risk and leverage. This stable and low debt-to-capital ratio may indicate strong financial health and prudent financial management by Cable One Inc, as it signifies a more conservative approach to capital structure.
Peer comparison
Dec 31, 2024