Geo Group Inc (GEO)
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 | 3,632,080 | 3,633,290 | 3,643,990 | 3,684,510 | 3,696,410 | 3,724,380 | 3,671,890 | 3,701,980 | 3,760,380 | 3,704,510 | 4,555,320 | 4,608,880 | 4,537,410 | 4,588,800 | 4,563,610 | 4,427,450 | 4,460,130 | 4,247,840 | 4,242,710 | 4,187,850 |
| 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 ÷ $3,632,080K
= 0.00
Geo Group Inc has consistently maintained a debt-to-assets ratio of 0.00 across all the reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total assets during this period. The stability of the debt-to-assets ratio at 0.00 suggests that Geo Group Inc has a strong financial position, as it implies that the company's assets are primarily funded through equity rather than debt. It may indicate a conservative approach to capital structure management or a strategy of prioritizing equity financing. Overall, a steady debt-to-assets ratio of 0.00 reflects a low level of financial risk associated with debt obligations for Geo Group Inc.
Peer comparison
Dec 31, 2024