Upbound Group Inc. (UPBD)
Debt-to-equity 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-equity ratio | 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 ÷ $628,984K
= 0.00
Based on the provided data, Upbound Group Inc. has consistently maintained a debt-to-equity ratio of 0.00 throughout the years 2020 to 2024. This indicates that the company has not utilized any debt financing to support its operations and growth. A debt-to-equity ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which may signify a low financial risk and a strong ability to withstand economic downturns or financial challenges without being burdened by debt obligations. However, it is important to note that this ratio does not provide information on the absolute levels of debt or equity in the company, and further analysis of the company's financial health and performance is recommended to gain a more comprehensive understanding of its financial situation.
Peer comparison
Dec 31, 2024