WW Grainger Inc (GWW)
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 | 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-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 ÷ $8,829,000K
= 0.00
The debt-to-equity ratio of WW Grainger Inc has consistently remained at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt obligations in relation to its equity during this time frame. A debt-to-equity ratio of 0.00 implies that the company is not relying on debt to finance its operations, which can be seen as a positive sign of financial stability and sound financial management. However, it is essential to consider other factors such as profitability, liquidity, and operational efficiency to have a more comprehensive assessment of the company's financial health and performance.