GATX Corporation (GATX)
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 | 2,438,900 | 2,273,000 | 2,029,600 | 2,019,200 | 1,957,400 |
| Debt-to-capital ratio | 0.00 | 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 + $2,438,900K)
= 0.00
The debt-to-capital ratio for GATX Corporation has consistently been reported as 0.00 for the years 2020 to 2024. This suggests that the company has not utilized debt as a significant component of its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that the company's total debt is either minimal or non-existent relative to its total capital, which includes both debt and equity. This low ratio may imply that GATX Corporation relies more on equity financing or internal funds to support its operations and growth, potentially indicating a lower level of financial risk associated with leverage. However, it's important to note that a debt-to-capital ratio of 0.00 could also indicate that the company has not provided data on its debt levels or that there may be rounding or calculation issues. Further analysis and additional information would be needed to fully assess the company's capital structure and financial health.
Peer comparison
Dec 31, 2024