CH Robinson Worldwide Inc (CHRW)
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 | 5,297,930 | 5,225,280 | 5,954,560 | 7,028,110 | 5,144,260 |
| 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 ÷ $5,297,930K
= 0.00
The debt-to-assets ratio of CH Robinson Worldwide Inc remained consistently at 0.00 for the years ending December 31, 2020 to December 31, 2024. This indicates that the company has not used debt financing to acquire assets during this period. A low or zero debt-to-assets ratio signifies that the company is relying more on equity to finance its assets, which can be seen as a positive indicator of financial stability and lower financial risk. It suggests that the company may have a strong financial position and may be less vulnerable to financial distress caused by high levels of debt.
Peer comparison
Dec 31, 2024