Frontdoor Inc (FTDR)
Debt-to-capital 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 | 239,000 | 137,000 | 61,000 | 3,000 | -61,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $239,000K)
= 0.00
Frontdoor Inc's debt-to-capital ratio has shown a consistent trend of 0.00 from December 31, 2021, to December 31, 2024. This indicates that the company has not relied heavily on debt financing as a source of capital during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity. It may imply financial stability and a lower risk of financial distress related to debt repayment. However, it is important to consider other factors such as the nature of the industry and overall financial health to gain a holistic understanding of the company's financial position.
Peer comparison
Dec 31, 2024