Genuine Parts Co (GPC)
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 | 4,337,410 | 4,401,050 | 3,790,360 | 3,490,740 | 3,204,800 |
| 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 ÷ $4,337,410K
= 0.00
The debt-to-equity ratio for Genuine Parts Co has consistently been 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized any debt in financing its operations during this period and has relied solely on equity to fund its activities. A debt-to-equity ratio of 0.00 signifies a conservative financial structure with a low risk of financial distress due to debt obligations. Genuine Parts Co's stable and zero debt-to-equity ratio reflects a strong financial position and prudent management of its capital structure.