CH Robinson Worldwide Inc (CHRW)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| Financial leverage ratio | 3.08 | 3.42 | 3.65 | 3.83 | 3.68 | 3.79 | 3.89 | 4.05 | 4.40 | 4.05 | 3.63 | 3.59 | 3.48 | 3.38 | 3.10 | 3.00 | 2.74 | 2.71 | 2.83 | 3.05 |
CH Robinson Worldwide Inc has consistently maintained a strong solvency position as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, which have all been at 0.00 across the reported periods. This signifies that the company has minimal debt relative to its assets, capital, and equity, indicating a low level of financial risk.
Furthermore, the financial leverage ratio of CH Robinson Worldwide Inc has shown variations over the periods, ranging from 2.71 to 4.40. The increasing trend in the financial leverage ratio from 2.71 in September 2020 to 4.40 in December 2022 indicates that the company has been utilizing more debt to finance its operations and growth. Despite the increase in the leverage ratio, it has remained relatively moderate, suggesting that the company has been managing its debt levels effectively without jeopardizing its overall financial stability.
Overall, based on the solvency ratios analyzed, CH Robinson Worldwide Inc appears to have a solid financial position with a conservative debt structure and effective debt management practices.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 5.31 | 6.03 | 6.35 | 5.97 | 5.79 | 5.20 | 7.10 | 9.49 | 12.67 | 18.31 | 18.44 | 19.20 | 18.09 | 18.74 | 19.41 | 19.21 | 14.98 | 13.81 | 12.88 | 14.73 |
CH Robinson Worldwide Inc's interest coverage ratio has shown some fluctuations over the years based on the provided data. The interest coverage ratio is a measure of a company's ability to meet its interest obligations with its operating income.
From March 31, 2020, to June 30, 2021, the interest coverage ratio for CH Robinson Worldwide Inc remained relatively high, ranging from around 12.88 to 19.41, indicating that the company generated sufficient earnings to cover its interest expenses comfortably during this period.
However, from September 30, 2021, to March 31, 2024, there was a noticeable decline in the interest coverage ratio. The ratio dropped significantly from a high of 18.74 to 5.97 during this period. A declining interest coverage ratio suggests that the company may be facing challenges in meeting its interest payments from its operating profits.
In the last quarter of 2024, the interest coverage ratio slightly increased to 6.03 but remained below the previous highs. This may signal a partial improvement in the company's ability to cover its interest expenses, but the ratio still indicates that CH Robinson Worldwide Inc is operating with lower interest coverage compared to the earlier period.
In conclusion, the trend in CH Robinson Worldwide Inc's interest coverage ratio shows variations with periods of strong coverage followed by declines. Investors and analysts should closely monitor future financial performance to assess the company's ability to manage its interest obligations effectively.