Frontdoor Inc (FTDR)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 239,000 | 261,000 | 214,000 | 162,000 | 137,000 | 170,000 | 131,000 | 83,000 | 61,000 | 48,000 | 6,000 | -19,000 | 3,000 | 62,000 | 2,000 | -46,000 | -61,000 | -71,000 | -125,000 | -178,000 |
| 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 | — | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $239,000K
= 0.00
The debt-to-equity ratio of Frontdoor Inc, as per the provided data, shows that the company had no debt as of June 30, 2021, and has maintained a debt-free status through December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a very minimal amount of debt relative to its equity.
A debt-to-equity ratio of 0.00 signifies that the company is relying more on its equity financing rather than debt financing to support its operations and growth. In general, a lower debt-to-equity ratio is considered favorable as it indicates lower financial risk and a stronger financial position.
Frontdoor Inc's consistent 0.00 ratio over the analyzed period suggests that the company has been managing its capital structure prudently and has not taken on significant debt to fund its operations or expansion, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024