Cars.com Inc (CARS)
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 | 511,485 | 502,425 | 496,891 | 481,450 | 492,108 | 483,010 | 477,457 | 384,987 | 384,430 | 376,527 | 391,388 | 396,087 | 366,934 | 366,560 | 357,442 | 346,002 | 340,176 | 322,373 | 328,781 | 347,890 |
| 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 + $511,485K)
= 0.00
The debt-to-capital ratio for Cars.com Inc has been consistently reported as 0.00% across all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt as a significant source of financing in relation to its total capital. A debt-to-capital ratio of 0.00% suggests that the company's capital structure is primarily equity-funded rather than debt-financed. This could be seen as a positive sign, as it implies lower financial risk and potentially more financial stability for the company. However, it is important to note that a very low debt-to-capital ratio could also mean missed opportunities for leveraging cheaper debt financing for potential growth and expansion initiatives.
Peer comparison
Dec 31, 2024