Republic Services Inc (RSG)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $11,405,000K
= 0.00
Based on the provided data, Republic Services Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt on its balance sheet relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company is financing its operations primarily through equity rather than debt, which can be viewed positively as it signifies a lower financial risk and indicates a strong financial position with less reliance on external borrowings.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Republic Services Inc
RSG
0.00
Waste Management Inc
WM
0.00