Graham Holdings Co (GHC)
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 | 4,256,660 | 3,975,740 | 3,731,380 | 4,399,580 | 3,759,300 |
| 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 + $4,256,660K)
= 0.00
The debt-to-capital ratio for Graham Holdings Co has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely financed by equity, indicating a strong financial position with no financial leverage. Generally, a lower debt-to-capital ratio signifies lower financial risk and greater financial stability for the company. In this case, Graham Holdings Co's consistent 0.00 debt-to-capital ratio reflects a conservative approach to financing and a solid financial foundation.
Peer comparison
Dec 31, 2024