CH Robinson Worldwide Inc (CHRW)
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 | 5,297,930 | 5,613,360 | 5,512,350 | 5,472,090 | 5,225,280 | 5,317,670 | 5,405,260 | 5,595,580 | 5,954,560 | 6,795,530 | 7,457,440 | 7,521,340 | 7,028,110 | 6,602,610 | 5,906,560 | 5,596,620 | 5,144,260 | 5,074,840 | 4,825,690 | 4,848,320 |
| 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 ÷ $5,297,930K
= 0.00
The debt-to-assets ratio of CH Robinson Worldwide Inc has remained consistently at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which could imply a lower financial risk and strong financial stability. However, it is important to note that while a low debt-to-assets ratio is generally positive, it may also indicate that the company is not taking advantage of leverage for potential growth opportunities. Investors and stakeholders should consider the reasons behind the consistent 0.00 ratio and assess whether it aligns with the company's overall financial strategy and long-term goals.
Peer comparison
Dec 31, 2024