GATX Corporation (GATX)
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 | 12,296,500 | 12,379,900 | 12,222,600 | 11,579,100 | 11,326,000 | 10,647,500 | 10,590,100 | 10,048,100 | 10,072,000 | 9,875,400 | 9,524,200 | 9,908,600 | 9,541,700 | 9,586,300 | 9,400,500 | 9,915,300 | 8,937,600 | 8,690,300 | 8,512,700 | 8,717,900 |
| 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 ÷ $12,296,500K
= 0.00
The debt-to-assets ratio for GATX Corporation has consistently been reported as 0.00 across multiple quarters spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt on its balance sheet relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company has financed its assets entirely through equity or other non-debt sources. The consistent 0.00 ratio suggests that GATX Corporation has maintained a well-capitalized and financially stable position with minimal reliance on debt for its operations and investments.
Peer comparison
Dec 31, 2024