Expeditors International of Washington Inc (EXPD)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 4,523,810 | 4,578,120 | 4,564,040 | 5,332,580 | 5,590,430 | 6,607,530 | 7,361,140 | 7,955,990 | 7,609,930 | 7,076,380 | 5,953,170 | 5,455,000 | 4,927,500 | 4,358,550 | 3,810,180 | 3,509,970 | 3,691,880 | 3,706,450 | 3,646,990 | 3,642,910 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,523,810K
= 0.00
The debt-to-assets ratio for Expeditors International Of Washington, Inc. has consistently been at 0.00 for the past eight quarters. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity to fund its operations and investments, resulting in a low level of financial risk associated with debt obligations. Expeditors International Of Washington, Inc. appears to have a strong financial position with minimal debt exposure, which may provide stability and flexibility in managing its capital structure.
Peer comparison
Dec 31, 2023