JB Hunt Transport Services Inc (JBHT)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,527,080 | 8,805,270 | 7,742,340 | 6,953,940 | 5,947,200 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,527,080K
= 0.00
The debt-to-assets ratio for JB Hunt Transport Services Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company has not utilized any external debt financing to support its operations and investments, suggesting a strong financial position and low financial risk. It also implies that JB Hunt Transport Services Inc relies predominantly on equity financing, which could enhance its financial stability and flexibility in managing potential economic challenges or downturns.
Peer comparison
Dec 31, 2024