JB Hunt Transport Services Inc (JBHT)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Debt-to-equity 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 |
| 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 |
JB Hunt Transport Services Inc has maintained a consistently low level of solvency risk, as indicated by its debt-to-assets, debt-to-capital, and debt-to-equity ratios all being at 0.00 across the reported periods from March 31, 2020, to December 31, 2024. This suggests that the company is effectively financing its assets and operations without relying heavily on debt.
Moreover, the financial leverage ratio, which measures the proportion of a company's debt to its equity, has been decreasing steadily from 2.36 on March 31, 2020, to 2.07 on December 31, 2024. This declining trend indicates a reduction in the company's reliance on debt to finance its operations over the years, further strengthening its solvency position.
Overall, the consistent low ratios and decreasing financial leverage ratio demonstrate JB Hunt Transport Services Inc's strong solvency position and prudent financial management practices, suggesting a lower risk of insolvency and a healthy financial standing.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 10.61 | 11.35 | 13.05 | 14.98 | 16.62 | 16.48 | 17.99 | 20.23 | 21.89 | 26.92 | 26.11 | 24.31 | 22.24 | 19.46 | 17.69 | 16.27 | 15.14 | 14.96 | 14.66 | 14.46 |
JB Hunt Transport Services Inc's interest coverage ratio has exhibited a positive trend over the past few years, indicating the company's ability to meet its interest obligations comfortably. The ratio has consistently improved from 14.46 on March 31, 2020, to a peak of 26.92 on September 30, 2022. However, there was a slight decline in the ratio to 10.61 by December 31, 2024. This downward trend may suggest that the company's earnings might be insufficient to cover its interest expenses effectively during this period. It would be prudent for stakeholders to monitor the interest coverage ratio closely, as a declining ratio could indicate potential financial distress if not managed promptly.