Schneider National Inc (SNDR)

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 4,933,700 4,574,700 4,547,900 4,578,800 4,557,200 4,580,300 4,453,200 4,470,700 4,318,200 4,305,900 4,222,100 4,086,600 3,937,300 3,870,100 3,767,800 3,613,300 3,516,200 3,853,600 3,777,700 3,714,900
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 ÷ $4,933,700K
= 0.00

The debt-to-assets ratio for Schneider National Inc, as shown in the provided data, has been consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations, acquisitions, or other activities during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are financed entirely by equity capital rather than debt. This may indicate a conservative capital structure or a strong financial position, as the company does not have debt obligations to service. However, it is important to note that a low or zero debt-to-assets ratio may also limit the company's ability to take advantage of tax benefits associated with debt financing or to leverage growth opportunities. Additional analysis of the company's overall financial health and capital structure would be necessary to provide a more comprehensive assessment of Schneider National Inc's financial position.