JB Hunt Transport Services Inc (JBHT)
Debt-to-capital 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 | 4,014,500 | 4,103,760 | 3,666,770 | 3,117,820 | 2,600,140 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,014,500K)
= 0.00
The debt-to-capital ratio for JB Hunt Transport Services Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. The absence of debt in the capital structure implies that the company may have been relying more on equity financing or operating cash flows to support its business operations and growth initiatives. A low debt-to-capital ratio is often perceived positively by investors as it signifies lower financial risk and less dependency on external borrowing.
Peer comparison
Dec 31, 2024