Upbound Group Inc. (UPBD)
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 | 628,984 | 560,372 | 525,146 | 513,276 | 592,080 |
| 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 + $628,984K)
= 0.00
The debt-to-capital ratio for Upbound Group Inc. remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt in relation to its total capital held steady at zero percent over the five-year period. A debt-to-capital ratio of 0.00 suggests that the company is not using any debt to finance its operations, relying solely on equity financing. This may indicate strong financial stability and a low risk of financial distress related to debt obligations.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
Upbound Group Inc.
UPBD
0.00
Air Lease Corporation
AL
0.00
United Rentals Inc
URI
0.00