Cars.com Inc (CARS)
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 | 511,485 | 492,108 | 384,430 | 366,934 | 340,176 |
| 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 + $511,485K)
= 0.00
The debt-to-capital ratio for Cars.com Inc has remained consistently 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, and its capital structure is predominantly funded by equity. A debt-to-capital ratio of 0.00% suggests that the company has a strong financial position with no reliance on debt to support its capital requirements. It signifies that the company has a lower risk of financial distress due to the absence of debt obligations. However, it is important to note that a zero debt-to-capital ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits.
Peer comparison
Dec 31, 2024