Republic Services Inc (RSG)

Debt-to-capital ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 10,542,300 10,331,300 10,203,700 9,916,500 9,686,000 9,489,900 9,215,400 8,984,000 8,978,900 8,873,300 8,778,300 8,632,900 8,483,900 8,370,100 8,227,100 8,117,200 8,118,200 7,976,500 7,952,900 7,919,500
Debt-to-capital 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, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $10,542,300K)
= 0.00

The debt-to-capital ratio of Republic Services, Inc. has been relatively stable over the past eight quarters, ranging between 0.52 and 0.56. This ratio measures the proportion of the company's capital structure that is funded by debt, with values closer to 1 indicating a higher reliance on debt financing.

Based on the data provided, Republic Services, Inc. has maintained a moderate level of debt relative to its capital base. The slight fluctuations in the ratio suggest that the company has been consistent in managing its debt levels in relation to its overall capital structure.

Overall, the trend in the debt-to-capital ratio indicates that Republic Services, Inc. has maintained a balanced approach to financing its operations, neither overly reliant on debt nor overly conservative in its capital structure. It would be important to continue monitoring this ratio in conjunction with other financial metrics to assess the company's overall financial health and leverage position.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-capital ratio
Republic Services Inc
RSG
0.00
Waste Management Inc
WM
0.00