Cars.com Inc (CARS)
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 | 511,485 | 492,108 | 384,430 | 366,934 | 340,176 |
| 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 ÷ $511,485K
= 0.00
The debt-to-equity ratio of Cars.com Inc has been consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt or negligible debt compared to its equity. A low or zero debt-to-equity ratio generally signifies that the company is mainly financed by equity rather than debt, which can be seen as a positive sign for investors and creditors as it implies lower financial risk. Cars.com Inc's stable debt-to-equity ratio suggests a conservative capital structure and a strong financial position with a lower reliance on borrowed funds.
Peer comparison
Dec 31, 2024