Grocery Outlet Holding Corp (GO)
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 | 1,197,380 | 1,219,340 | 1,110,210 | 1,009,270 | 922,307 |
| 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 + $1,197,380K)
= 0.00
The debt-to-capital ratio of Grocery Outlet Holding Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant component of its overall capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company's capital is primarily funded by equity rather than debt. It reflects a lower financial risk associated with debt repayment obligations and a potentially stronger financial position. However, it is important to consider other financial metrics and ratios to gain a comprehensive understanding of Grocery Outlet Holding Corp's financial health and leverage position.
Peer comparison
Dec 31, 2024