WW Grainger Inc (GWW)
Debt-to-capital 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 | 8,829,000 | 3,503,000 | 3,277,000 | 3,199,000 | 3,441,000 | 3,382,000 | 3,227,000 | 3,045,000 | 2,735,000 | 2,308,000 | 2,201,000 | 2,081,000 | 2,160,000 | 1,827,000 | 1,868,000 | 1,816,000 | 2,093,000 | 2,375,000 | 2,152,000 | 1,810,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,829,000K)
= 0.00
The debt-to-capital ratio for WW Grainger Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure over the specified period. A debt-to-capital ratio of 0.00 suggests that the company's capital comes primarily from equity rather than debt. This implies a lower financial risk for the company as it is not heavily reliant on borrowed funds to finance its operations or growth. It is essential to note that a low debt-to-capital ratio may signify conservative financial management or opportunities for future leverage to fund expansion or strategic initiatives.