Republic Services Inc (RSG)
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 | 32,402,000 | 31,410,100 | 29,050,900 | 24,955,000 | 23,434,000 |
| 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 ÷ $32,402,000K
= 0.00
The debt-to-assets ratio for Republic Services Inc has remained consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized debt financing to fund its operations or investments during these years. A debt-to-assets ratio of 0.00 suggests that the company relies on equity financing rather than debt to support its assets. This may imply a lower financial risk and a stronger financial position as the company is not burdened by significant debt obligations relative to its assets. Further analysis of the company's capital structure and overall financial health would provide more insights into its debt management strategies.
Peer comparison
Dec 31, 2024