JB Hunt Transport Services Inc (JBHT)

Debt-to-capital 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 4,014,500 4,000,220 4,076,000 4,166,430 4,103,760 4,018,100 3,911,920 3,797,370 3,666,770 3,505,110 3,324,860 3,253,540 3,117,820 2,922,230 2,799,030 2,722,070 2,600,140 2,487,420 2,390,840 2,282,420
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,014,500K)
= 0.00

JB Hunt Transport Services Inc has consistently maintained a debt-to-capital ratio of 0.00 from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has not utilized debt to finance its operations or investments, resulting in a capital structure predominantly supported by equity. This low debt-to-capital ratio suggests that JB Hunt Transport Services Inc has a conservative approach to financial leverage and is not overly reliant on borrowed funds to fund its growth or operations. It also implies a lower financial risk due to the absence of significant debt obligations.