Grocery Outlet Holding Corp (GO)
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 | 1,197,380 | 1,219,340 | 1,110,210 | 1,009,270 | 922,307 |
| 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 ÷ $1,197,380K
= 0.00
The debt-to-equity ratio of Grocery Outlet Holding Corp has remained consistently at 0.00 over the years 2020 to 2024. This indicates that the company has not taken on any long-term debt to finance its operations during this period. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are equivalent to its total shareholder equity, implying that the company is primarily funded by equity rather than debt. This may suggest a low financial risk and a conservative approach to capital structure, as the company is not relying heavily on borrowed funds to support its business activities.
Peer comparison
Dec 31, 2024