Schneider National Inc (SNDR)
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 | 2,986,900 | 2,956,800 | 2,837,200 | 2,423,800 | 2,055,500 |
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 + $2,986,900K)
= 0.00
The debt-to-capital ratio for Schneider National Inc remained consistently low at 0.00% from December 31, 2020, through December 31, 2024. This suggests that the company has not been relying heavily on debt to finance its operations and investments relative to its total capital structure. A low debt-to-capital ratio typically indicates a lower financial risk and a stronger financial position, as the company is not overly burdened with debt obligations. Schneider National Inc's stable and minimal debt-to-capital ratio over the years reflects a conservative approach to managing its capital structure and financial leverage.
Peer comparison
Dec 31, 2024