Geo Group Inc (GEO)
Debt-to-equity 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-equity ratio | 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 ÷ $1,334,940K
= 0.00
Based on the data provided, Geo Group Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total liabilities are equal to its total equity during these periods. A debt-to-equity ratio of 0.00 suggests that Geo Group Inc is primarily financed by equity rather than debt, which can be seen as a positive sign for investors and creditors. It indicates a lower financial risk as the company has no debt obligations relative to its equity, highlighting strong financial stability and solvency.
Peer comparison
Dec 31, 2024