WW Grainger Inc (GWW)

Debt-to-assets 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 assets US$ in thousands 8,829,000 9,114,000 8,352,000 8,400,000 8,147,000 8,140,000 8,031,000 7,825,000 7,588,000 7,201,000 7,049,000 6,993,000 6,592,000 6,390,000 6,462,000 6,333,000 6,295,000 6,583,000 7,194,000 7,177,000
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,829,000K
= 0.00

The debt-to-assets ratio for WW Grainger Inc has consistently remained at 0.00 from March 2020 to December 2024. This indicates that the company has not used any debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity, which can be viewed positively as it implies lower financial risk and less dependence on borrowed funds. This stable ratio over time reflects a strong financial position and solid balance sheet management by WW Grainger Inc, potentially enhancing investor confidence in the company's stability and ability to weather economic uncertainties.