WW Grainger Inc (GWW)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,829,000 | 8,147,000 | 7,588,000 | 6,592,000 | 6,295,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,829,000K
= 0.00
The debt-to-assets ratio of WW Grainger Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period. A debt-to-assets ratio of 0.00 reflects a strong financial position as it means the company's assets are entirely financed by equity, without relying on external debt. Additionally, a low or zero debt ratio can signify a lower financial risk and may suggest that the company has sufficient internal resources or profitability to fund its operations and investments without resorting to borrowing.