ManpowerGroup Inc (MAN)
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 | 929,400 | — | — | — | 990,500 | — | — | — | 959,900 | — | — | — | 565,700 | — | — | — | 1,103,500 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,125,200 | 2,176,100 | 2,136,900 | 2,176,700 | 2,223,300 | 2,402,700 | 2,439,200 | 2,498,400 | 2,447,300 | 2,406,100 | 2,435,200 | 2,545,500 | 2,521,700 | 2,473,400 | 2,387,100 | 2,366,300 | 2,441,000 | 2,588,700 | 2,526,000 | 2,620,200 |
| Debt-to-capital ratio | 0.30 | 0.00 | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $929,400K ÷ ($929,400K + $2,125,200K)
= 0.30
The debt-to-capital ratio of ManpowerGroup Inc has been relatively low and stable over the past years. As of December 31, 2024, the ratio stood at 0.30, indicating that the company's total debt represents 30% of its total capital (debt plus equity). This suggests that the company relies more on equity financing rather than debt financing to fund its operations and investments. The low debt-to-capital ratio may indicate a lower financial risk for the company as it has a lower level of debt compared to its total capital, providing a cushion in case of economic downturns or financial challenges. However, it's important to consider other factors such as the nature of the industry, profitability, and cash flow when assessing the company's overall financial health.
Peer comparison
Dec 31, 2024