CDW Corp (CDW)
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 | 2,352,700 | 2,042,500 | 1,603,300 | 705,700 | 1,297,100 |
| 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 + $2,352,700K)
= 0.00
The debt-to-capital ratio for CDW Corp has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily composed of equity rather than debt financing. This could reflect a conservative approach to financial leverage, as the company may prefer to rely more on equity or internal funds for its operations and growth initiatives. Overall, the stable and low debt-to-capital ratio may indicate a strong financial position and lower financial risk for CDW Corp during the analyzed period.
Peer comparison
Dec 31, 2024