Schneider National Inc (SNDR)

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 4,933,700 2,967,200 2,951,600 2,942,000 2,956,800 2,957,100 2,948,400 2,918,800 2,837,200 2,737,900 2,623,800 2,504,900 2,423,800 2,299,100 2,198,400 2,099,900 2,055,500 2,342,500 2,305,800 2,268,500
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 ÷ $4,933,700K
= 0.00

The debt-to-equity ratio of Schneider National Inc has consistently been at 0.00 for all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this time period. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are equal to zero or very close to zero in comparison to its equity, which implies that Schneider National Inc relies solely on equity financing for its business activities. This demonstrates a potentially strong financial position with minimal financial leverage and a lower risk of default due to debt obligations.