Mister Car Wash, Inc. Common Stock (MCW)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 3,101,800 2,881,540 2,686,230 2,448,100 1,948,450
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,101,800K
= 0.00

The debt-to-assets ratio for Mister Car Wash, Inc. Common Stock has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company does not have any debt on its balance sheet during this period relative to its total assets. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on debt financing to support its operations and growth, which can be seen as a positive indicator of financial health and stability. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial position and performance.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Mister Car Wash, Inc. Common Stock
MCW
0.00
Monro Muffler Brake Inc
MNRO
0.06