ODP Corp (ODP)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 807,000 | 856,000 | 893,000 | 1,069,000 | 1,101,000 | 1,155,000 | 1,161,000 | 1,148,000 | 1,287,000 | 1,499,000 | 1,513,000 | 1,492,000 | 1,438,000 | 1,862,000 | 1,841,000 | 1,960,000 | 1,880,000 | 1,795,000 | 1,717,000 | 2,135,000 |
| Debt-to-capital 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-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 consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments during this period. A low debt-to-capital ratio suggests that the company relies more on its equity financing rather than debt financing, which can be viewed positively as it implies lower financial risk and potential interest burden. However, it's important to note that a zero debt-to-capital ratio could also mean that the company may not be taking advantage of debt financing for potential growth opportunities or leveraging its capital structure for optimal efficiency.
Peer comparison
Dec 31, 2024