Hub Group Inc (HUBG)
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 | 164,361 | 245,574 | 240,724 | 177,479 | 176,797 |
| Total stockholders’ equity | US$ in thousands | 1,645,000 | 1,634,640 | 1,599,600 | 1,340,310 | 1,157,920 |
| Debt-to-equity ratio | 0.10 | 0.15 | 0.15 | 0.13 | 0.15 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $164,361K ÷ $1,645,000K
= 0.10
The debt-to-equity ratio for Hub Group Inc has shown a decreasing trend from 0.15 in 2020 to 0.10 in 2024. This indicates that the company has been effectively managing its debt and maintaining a lower level of debt relative to its equity over the years. A decreasing trend in the debt-to-equity ratio is generally viewed positively by investors and creditors as it suggests a lower financial risk and greater financial stability. It is important to note that a lower debt-to-equity ratio also implies that the company is relying more on equity financing rather than debt financing, which can be seen as a favorable indicator of financial health and sustainability. Overall, the decreasing trend in the debt-to-equity ratio for Hub Group Inc demonstrates a prudent approach to capital structure management.
Peer comparison
Dec 31, 2024