ODP Corp (ODP)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 807,000 | 1,101,000 | 1,287,000 | 1,438,000 | 1,880,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $807,000K)
= 0.00
The debt-to-capital ratio for ODP Corp has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 implies that ODP Corp's capital is entirely financed by equity, reflecting a conservative approach to financial leverage and a strong financial position with no debt obligations that may impact the company's operations or profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
ODP Corp
ODP
0.00
Academy Sports Outdoors Inc
ASO
0.00
Dick’s Sporting Goods Inc
DKS
0.00