CH Robinson Worldwide Inc (CHRW)

Debt-to-equity 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-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

December 31, 2024 calculation

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

CH Robinson Worldwide Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past several quarters, as shown from March 31, 2020, to December 31, 2024. This implies that the company has no financial leverage in its capital structure during this period. A debt-to-equity ratio of 0.00 indicates that the company is primarily financing its operations and growth through equity rather than debt. This may suggest a conservative financial strategy where the company is not heavily reliant on borrowed funds to fund its operations. However, it's important to note that a zero debt-to-equity ratio can also indicate limited growth opportunities or underutilization of leverage for potential expansion. Further analysis of other financial metrics and industry benchmarks would provide a more comprehensive view of the company's overall financial health and performance.