Geo Group Inc (GEO)
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 | 1,334,940 | 1,291,770 | 1,165,090 | 975,016 | 912,082 |
| 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 + $1,334,940K)
= 0.00
Geo Group Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital primarily consists of equity rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. However, it is important to note that a low debt-to-capital ratio may also indicate limited access to the benefits of financial leverage. Overall, Geo Group Inc's consistent zero debt-to-capital ratio reflects a conservative financial approach in managing its capital structure.
Peer comparison
Dec 31, 2024