Group 1 Automotive Inc (GPI)
Debt-to-equity 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 | 2,974,100 | 2,976,200 | 2,866,300 | 2,772,400 | 2,674,400 | 2,611,400 | 2,518,900 | 2,352,500 | 2,237,600 | 2,214,100 | 2,004,500 | 1,949,300 | 1,825,400 | 1,918,600 | 1,754,000 | 1,576,700 | 1,449,700 | 1,357,000 | 1,216,000 | 1,174,700 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,974,100K
= 0.00
Group 1 Automotive Inc has consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company finances its operations primarily through equity rather than debt. A debt-to-equity ratio of 0.00 signifies that the company has no debt or a negligible amount compared to its equity, suggesting a low financial risk and a strong financial position. This can be seen as a positive sign, as it indicates that the company is not overly reliant on borrowed funds to fund its operations, reducing interest expenses and financial risks associated with high debt levels.
Peer comparison
Dec 31, 2024