WW Grainger Inc (GWW)
Debt-to-equity 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 | 3,703,000 | 3,115,000 | 2,735,000 | 2,160,000 | 2,093,000 |
| Debt-to-equity ratio | 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 ÷ $3,703,000K
= 0.00
The debt-to-equity ratio for WW Grainger Inc has consistently been 0.00 for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt and relies solely on equity to finance its operations and growth. A debt-to-equity ratio of 0.00 typically signals financial stability and a lower risk profile as there is no debt burden weighing on the company's balance sheet. It suggests that the company has a strong financial position with a healthy equity base relative to its liabilities. By not relying on debt, WW Grainger Inc may have greater flexibility in financial decisions and may be better positioned to weather economic downturns or challenging market conditions.