Republic Services Inc (RSG)
Debt-to-assets 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 assets | US$ in thousands | 32,402,000 | 31,814,200 | 31,934,100 | 31,381,700 | 31,410,100 | 30,042,800 | 29,823,300 | 29,081,400 | 29,050,900 | 28,401,000 | 28,212,900 | 24,880,100 | 24,955,000 | 24,428,900 | 23,922,100 | 23,252,600 | 23,434,000 | 23,110,100 | 22,826,300 | 22,908,900 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $32,402,000K
= 0.00
The debt-to-assets ratio for Republic Services Inc has consistently been reported as 0.00 across all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company is not relying on debt financing to fund its operations and investments, which can be viewed positively as it indicates a strong financial position and lower financial risk. This could also indicate that the company may be utilizing other sources of financing or equity to support its growth and operations, rather than taking on debt. It is important to note that while a low debt-to-assets ratio is generally favorable, it is also essential to consider the overall financial health and performance of the company in conjunction with other financial metrics.
Peer comparison
Dec 31, 2024