ODP Corp (ODP)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 3,529,000 | 3,691,000 | 3,653,000 | 3,735,000 | 3,886,000 | 3,980,000 | 3,961,000 | 4,041,000 | 4,149,000 | 4,418,000 | 4,474,000 | 4,529,000 | 4,865,000 | 5,351,000 | 5,378,000 | 5,598,000 | 5,558,000 | 5,745,000 | 5,865,000 | 6,454,000 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,529,000K
= 0.00
The Debt-to-assets ratio of ODP Corp has remained consistently at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This signifies that ODP Corp is not relying on debt financing to support its operations or growth, which can be seen as a positive sign of financial stability and low financial risk. It also suggests that the company's assets are mostly financed through equity, which may indicate a strong financial position and the ability to weather economic downturns more effectively.
Peer comparison
Dec 31, 2024