CDW Corp (CDW)

Solvency ratios

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
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
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
Debt-to-equity 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
Financial leverage ratio 6.24 6.12 6.27 6.17 6.50 7.11 8.05 8.14 8.19 10.16 12.34 15.13 18.70 10.77 8.57 7.74 7.20 7.45 8.29 9.24

CDW Corp's solvency ratios, including the debt-to-assets ratio, debt-to-capital ratio, debt-to-equity ratio, and financial leverage ratio, demonstrate that the company has maintained a consistently strong financial position over the years.

The debt-to-assets ratio has remained at 0.00 throughout the reported periods, indicating that CDW Corp has not relied heavily on debt to finance its assets. This suggests a low financial risk associated with the company's capital structure.

Similarly, the debt-to-capital ratio and debt-to-equity ratio have also remained at 0.00 consistently, highlighting that CDW Corp has not been heavily leveraged with debt in relation to its capital and equity. This signifies a strong ability to meet its financial obligations and indicates a conservative approach to financial management.

The financial leverage ratio, which measures the company's use of debt in its capital structure, fluctuated over the years but generally trended downwards. This indicates that CDW Corp has been reducing its reliance on debt financing, which can lead to a lower financial risk and increased financial stability.

Overall, CDW Corp's solvency ratios suggest a prudent and stable financial position with a low level of debt relative to its assets, capital, and equity. This could provide the company with flexibility and resilience to navigate economic challenges and capitalize on growth opportunities in the future.


Coverage ratios

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
Interest coverage 7.73 7.97 7.84 7.54 7.41 7.25 7.04 7.16 7.34 7.60 8.22 8.92 9.71 9.83 9.11 8.28 7.64 7.24 7.17 7.24

CDW Corp's interest coverage has remained relatively stable over the periods provided in the data. The interest coverage ratio measures the company's ability to meet its interest obligations with its operating income.

From March 31, 2020, to December 31, 2021, the interest coverage ratio improved steadily from 7.24 to 9.71, indicating that CDW Corp's operating income was more than sufficient to cover its interest expenses during this time period.

However, from March 31, 2022, to December 31, 2024, the interest coverage ratio fluctuated within a narrower range, ranging from 7.16 to 7.97. This suggests that while the company's operating income still comfortably covers its interest expenses, there may have been some changes in the company's profitability or financing structure during this period.

Overall, CDW Corp's interest coverage ratio indicates a consistent ability to meet its interest obligations with its operating income, although monitoring any significant fluctuations in the ratio would be important for understanding the company's financial health and risk profile.