PACCAR Inc (PCAR)
Debt-to-equity 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 | 17,506,900 | 18,663,600 | 17,702,900 | 16,871,900 | 15,878,800 | 16,023,100 | 15,079,300 | 13,882,000 | 13,167,100 | 12,893,500 | 12,518,000 | 12,143,300 | 11,594,000 | 11,479,800 | 11,330,300 | 10,861,700 | 10,533,300 | 10,184,400 | 9,776,800 | 9,637,400 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $17,506,900K
= 0.00
PACCAR Inc's debt-to-equity ratio has consistently been reported as 0.00 for all quarters spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt during these periods in relation to its equity. A debt-to-equity ratio of 0.00 typically suggests that the company is entirely financed by equity rather than debt. While a lower debt-to-equity ratio is generally favorable as it indicates lower financial risk, it is important to consider other factors such as the industry norms and the company's specific circumstances when assessing the overall financial health and risk profile of PACCAR Inc.
Peer comparison
Dec 31, 2024