Republic Services Inc (RSG)
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 | 11,405,000 | 10,542,300 | 9,686,000 | 8,978,900 | 8,483,900 |
| 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 + $11,405,000K)
= 0.00
Based on the provided data, Republic Services Inc's debt-to-capital ratio has been consistently at 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not used debt as a significant part of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is primarily funded by equity rather than debt, which may signify a lower risk of financial distress or default. However, it's important to note that while a low debt-to-capital ratio can be seen as positive, it may also indicate limited leverage and potential missed opportunities for growth or efficiency through debt financing.
Peer comparison
Dec 31, 2024