Ryder System Inc (R)
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 | 3,117,000 | 3,069,000 | 2,937,000 | 2,798,000 | 2,256,000 |
| 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 + $3,117,000K)
= 0.00
The debt-to-capital ratio of Ryder System Inc has been consistently reported as 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations in relation to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is primarily relying on equity to fund its operations and growth, which can be viewed positively as it signifies lower financial risk and less dependence on borrowed funds. However, it is important to note that while a low debt-to-capital ratio is generally considered favorable, it may also indicate limited leverage for potential growth opportunities.
Peer comparison
Dec 31, 2024