CDW Corp (CDW)
Debt-to-assets 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 assets | US$ in thousands | 14,678,400 | 14,376,700 | 13,638,700 | 13,192,800 | 13,284,600 | 12,875,300 | 12,985,900 | 12,768,100 | 13,131,500 | 13,475,600 | 13,653,100 | 13,513,800 | 13,199,400 | 9,011,600 | 8,990,900 | 9,053,500 | 9,344,700 | 9,223,700 | 8,749,500 | 8,222,400 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,678,400K
= 0.00
CDW Corp has consistently maintained a debt-to-assets ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company's total debt as a proportion of its total assets is very low or essentially non-existent during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded by equity rather than debt. This low debt level may signify a strong financial position, as it indicates a lower risk of financial distress and potentially lower interest expenses. However, it's important to consider other financial metrics and factors to get a more comprehensive view of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024