Mister Car Wash, Inc. Common Stock (MCW)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,101,800 | 3,045,870 | 2,973,150 | 2,925,260 | 2,881,540 | 2,859,670 | 2,830,560 | 2,717,340 | 2,686,230 | 2,631,490 | 2,560,960 | 2,502,880 | 2,448,100 | 2,079,570 | 2,043,530 | 1,977,570 | 1,948,450 |
| 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 |
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 consistently remained at 0.00 over the period from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this time frame. A debt-to-assets ratio of 0.00 signifies that the company's assets are fully financed by equity, implying a low financial risk and a strong financial position. Investors and creditors may view this positively as it suggests that the company is not overly leveraged and has a solid financial foundation.
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