Geo Group Inc (GEO)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,334,940 | 1,316,110 | 1,282,050 | 1,310,070 | 1,291,770 | 1,259,900 | 1,233,710 | 1,199,050 | 1,165,090 | 1,110,580 | 1,071,110 | 1,020,840 | 975,016 | 1,017,710 | 985,068 | 940,173 | 912,082 | 932,284 | 945,250 | 958,346 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,334,940K
= 0.00
Geo Group Inc has maintained a consistent debt-to-equity ratio of 0.00 throughout the specified periods from March 31, 2020, to December 31, 2024. This indicates that the company's level of debt relative to its equity remains very low or possibly non-existent. A debt-to-equity ratio of 0.00 signifies that the company is financing its operations primarily through equity rather than debt, suggesting a conservative financial structure. This stability in the debt-to-equity ratio over the years may indicate a deliberate strategy to maintain a strong financial position and lower financial risk. Nonetheless, it's essential to consider other financial metrics and industry benchmarks to gain a more comprehensive understanding of Geo Group Inc's financial health and performance.
Peer comparison
Dec 31, 2024