CDW Corp (CDW)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total assets | US$ in thousands | 14,678,400 | 13,284,600 | 13,131,500 | 13,199,400 | 9,344,700 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,678,400K
= 0.00
The debt-to-assets ratio of CDW Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has a strong financial position with a lower risk of financial distress related to debt obligations. It could also imply that CDW Corp has been primarily funding its operations and investments through equity or retained earnings rather than taking on debt.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
CDW Corp
CDW
0.00
Amazon.com Inc
AMZN
0.08
Chewy Inc
CHWY
0.00
Insight Enterprises Inc
NSIT
0.00
PC Connection Inc
CNXN
0.00