CH Robinson Worldwide Inc (CHRW)

Debt-to-equity 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	1,722,050	1,418,700	1,353,420	2,021,930	1,879,930
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

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

The debt-to-equity ratio of CH Robinson Worldwide Inc has consistently remained at 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company has either zero debt or a very minimal amount of debt in relation to its equity. A low or zero debt-to-equity ratio suggests that the company is relying more on equity financing rather than debt financing to fund its operations and growth. It also signifies a lower financial risk and stability, as the company is not heavily leveraged. However, it is essential to consider other financial metrics and factors alongside the debt-to-equity ratio to get a holistic view of the company's overall financial health and performance.