United Parcel Service Inc (UPS)

Debt-to-assets 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 assets US$ in thousands 70,070,000 68,263,000 69,418,000 67,628,000 70,857,000 70,281,000 70,347,000 72,189,000 71,124,000 69,544,000 70,089,000 70,113,000 69,405,000 65,739,000 64,869,000 63,312,000 62,492,000 62,406,000 62,057,000 60,895,000
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, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $70,070,000K
= 0.00

The debt-to-assets ratio for United Parcel Service Inc has consistently remained at 0.00 over the past several quarters, from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity rather than debt, which may reflect a strong financial position and lower risk of financial distress. However, it is important to note that a very low debt-to-assets ratio could also imply limited leverage and potentially missed opportunities for investment and growth. Overall, based on the consistent 0.00 debt-to-assets ratio, United Parcel Service Inc appears to have a conservative approach to debt management and asset financing.


See also:

United Parcel Service Inc Debt to Assets (Quarterly Data)