JB Hunt Transport Services Inc (JBHT)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 2.07 | 2.08 | 2.06 | 2.02 | 2.15 | 2.08 | 2.11 | 2.05 | 2.11 | 2.12 | 2.18 | 2.16 | 2.18 | 2.23 | 2.26 | 2.26 | 2.29 | 2.32 | 2.32 | 2.36 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,312,270K ÷ $4,014,500K
= 2.07
The financial leverage ratio of JB Hunt Transport Services Inc has shown a declining trend over the analyzed period from March 31, 2020, to December 31, 2024, decreasing from 2.36 to 2.07. This indicates that the company's reliance on debt to finance its operations has been gradually reducing. A decreasing financial leverage ratio could suggest improved financial stability and reduced risk of default, as the firm is relying less on debt to fund its activities. However, it is also important to consider the industry norms and overall financial health of the company when evaluating the implications of changes in the financial leverage ratio.
Peer comparison
Dec 31, 2024