JB Hunt Transport Services Inc (JBHT)
Debt-to-assets 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 assets | US$ in thousands | 8,312,270 | 8,325,950 | 8,415,880 | 8,427,780 | 8,805,270 | 8,372,970 | 8,247,730 | 7,790,400 | 7,742,340 | 7,431,560 | 7,252,560 | 7,031,940 | 6,791,110 | 6,513,190 | 6,323,390 | 6,162,610 | 5,947,200 | 5,779,060 | 5,553,630 | 5,380,040 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,312,270K
= 0.00
JB Hunt Transport Services Inc has consistently maintained a debt-to-assets ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This signifies that the company has not used debt financing to fund its operations and investments, as the ratio reflects the proportion of a company's total assets financed by debt. A debt-to-assets ratio of 0.00 indicates that the company's assets are primarily funded through equity, which can be a positive sign of financial stability and lower financial risk. It suggests that JB Hunt Transport Services Inc has a strong financial position with minimal reliance on debt for its operations.
Peer comparison
Dec 31, 2024