Republic Services Inc (RSG)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 11,405,000 | 11,228,800 | 11,005,100 | 10,819,800 | 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 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $11,405,000K
= 0.00
The debt-to-equity ratio of Republic Services Inc has consistently remained at 0.00 over the monitored periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during these periods, relying solely on equity financing instead. A debt-to-equity ratio of 0 implies that there are no financial obligations in the form of debt on the company's balance sheet relative to its equity, reflecting a conservative financial strategy. This stability in the debt-to-equity ratio suggests that Republic Services Inc has maintained a strong financial position with a healthier balance sheet structure, potentially reducing financial risk and enhancing investor confidence in the company's ability to meet its financial obligations.
Peer comparison
Dec 31, 2024