Graham Holdings Co (GHC)

Debt-to-capital 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 4,256,660 4,004,300 3,968,090 4,043,490 3,975,740 3,688,500 3,809,480 3,747,220 3,731,380 4,259,710 4,308,690 4,460,160 4,399,580 3,963,840 3,968,090 3,857,620 3,759,300 3,239,810 3,206,670 3,206,060
Debt-to-capital 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-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 consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0 indicates that the company has zero debt in relation to its total capital, which is a positive sign for investors as it suggests the company is not reliant on debt financing. This could indicate that the company has been funding its operations primarily through equity or retained earnings rather than taking on debt. A low or zero debt-to-capital ratio can signify financial stability, strong solvency, and lower financial risk for the company. In this case, Graham Holdings Co appears to have maintained a prudent financial position with no significant debt burden throughout the analyzed period.