United Parcel Service Inc (UPS)
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 | 16,718,000 | 17,306,000 | 19,786,000 | 14,253,000 | 741,000 |
| 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 ÷ $16,718,000K
= 0.00
The debt-to-equity ratio of United Parcel Service Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt or very minimal debt relative to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company may be primarily using equity financing to fund its operations, which can be viewed positively as it signifies lower financial risk and less reliance on borrowing. Overall, a consistently low debt-to-equity ratio may reflect a strong financial position and prudent financial management by United Parcel Service Inc.