Union Pacific Corporation (UNP)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 67,132,000 66,540,000 66,033,000 65,968,000 65,449,000 65,343,000 64,440,000 64,051,000 63,525,000 62,360,000 62,073,000 61,793,000 62,398,000 63,714,000 63,555,000 62,216,000 61,673,000 61,978,000 61,708,000 61,319,000
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $67,132,000K
= 0.00

The debt-to-assets ratio of Union Pacific Corp. has been relatively stable over the past eight quarters, ranging between 0.49 and 0.51. This indicates that the company's level of debt compared to its total assets has been consistent, with debt representing approximately 49% to 51% of its total assets during this period.

A ratio around 0.50 suggests that Union Pacific Corp. relies on a moderate level of debt to finance its operations and investments, while still maintaining a substantial portion of its assets financed by equity. This balance indicates a healthy mix of debt and equity in the company's capital structure.

Overall, the trend in the debt-to-assets ratio shows that Union Pacific Corp. has been managing its debt levels prudently and maintaining a stable financial position in relation to its total assets over the past two years.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-assets ratio
Union Pacific Corporation
UNP
0.00
CSX Corporation
CSX
0.00
Norfolk Southern Corporation
NSC
0.00

See also:

Union Pacific Corporation Debt to Assets (Quarterly Data)