Frontdoor Inc (FTDR)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $239,000K
= 0.00
Frontdoor Inc's debt-to-equity ratio has shown a stable and favorable trend over the past few years. As of December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024, the company maintained a debt-to-equity ratio of 0.00. This indicates that the company has not had any debt relative to its equity during these periods. A debt-to-equity ratio of 0.00 suggests that Frontdoor Inc is primarily financed by equity rather than debt, which can be viewed positively as it signifies lower financial risk and potential for better financial health.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Frontdoor Inc
FTDR
0.00
ABM Industries Incorporated
ABM
0.73
Airbnb Inc
ABNB
0.24
Rollins Inc
ROL
0.30