EMCOR Group Inc (EME)

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 7,716,470 7,321,950 7,072,550 6,687,330 6,609,720 6,224,190 5,907,670 5,640,910 5,524,610 5,438,730 5,146,440 5,231,150 5,441,450 5,296,680 5,133,170 5,061,190 5,063,840 4,829,980 4,590,420 4,835,550
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 ÷ $7,716,470K
= 0.00

The debt-to-assets ratio of EMCOR Group Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company's total debt is either negligible or non-existent relative to its total assets during the entire period. A debt-to-assets ratio of 0.00 suggests that the company has not relied on debt financing to fund its operations or investments, which can be seen as a positive sign of financial stability and strength. However, it is important to note that a very low debt-to-assets ratio may also indicate that the company is not leveraging debt to potentially maximize returns. Overall, EMCOR Group Inc's consistent 0.00 debt-to-assets ratio implies a conservative approach to debt management and financial leverage.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
EMCOR Group Inc
EME
0.00
Comfort Systems USA Inc
FIX
0.00
Quanta Services Inc
PWR
0.00