O’Reilly Automotive Inc (ORLY)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 14,893,700 | 14,603,800 | 12,628,000 | 11,718,700 | 11,596,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,893,700K
= 0.00
The debt-to-assets ratio of O’Reilly Automotive Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed by equity rather than external borrowing. This can be perceived as a positive sign of financial stability and lower financial risk, as the company has a lower reliance on debt to support its operations. However, it is important to note that a very low debt-to-assets ratio may also mean missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Dec 31, 2024