CH Robinson Worldwide Inc (CHRW)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	1,722,050	1,640,070	1,510,440	1,429,990	1,418,700	1,404,580	1,388,110	1,381,390	1,353,420	1,677,560	2,052,420	2,095,500	2,021,930	1,950,800	1,906,170	1,868,190	1,879,930	1,873,360	1,704,330	1,587,120
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

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,722,050K)
= 0.00

The debt-to-capital ratio for CH Robinson Worldwide Inc has consistently remained at 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of 0.00 suggests that the company has been funding its operations primarily through equity rather than debt. This can be viewed positively as it signifies lower financial risk due to lower leverage and interest obligations. However, it is important to note that a zero debt-to-capital ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, the stability of the 0.00 debt-to-capital ratio reflects CH Robinson Worldwide Inc's conservative approach to managing its capital structure.