Group 1 Automotive Inc (GPI)
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 | 2,974,300 | 2,674,400 | 2,237,500 | 1,825,400 | 1,449,700 |
| 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 + $2,974,300K)
= 0.00
The debt-to-capital ratio of Group 1 Automotive Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly in relation to its total capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily funded by equity rather than debt. It suggests that the company may have a lower financial risk due to its lower reliance on debt financing. However, it is essential to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024