ODP Corp (ODP)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $807,000K
= 0.00
The debt-to-equity ratio for ODP Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's financial structure is primarily equity-financed rather than debt-financed. A low or zero debt-to-equity ratio is generally viewed positively by investors and creditors as it implies lower financial risk and potential for higher returns on equity. ODP Corp's stable and low debt-to-equity ratio over the years suggests a conservative approach to leverage and financial management, which may enhance the company's financial stability and resilience in the face of economic challenges.
Peer comparison
Dec 31, 2024