United Rentals Inc (URI)
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 | 8,622,000 | 8,130,000 | 7,062,000 | 5,991,000 | 4,545,000 |
| 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 + $8,622,000K)
= 0.00
The debt-to-capital ratio of United Rentals Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is primarily financed by equity rather than debt, which may imply lower financial risk and potentially greater financial stability. However, it is essential to consider other factors such as the company's industry, growth prospects, and future capital allocation strategies when evaluating the overall financial health and risk profile of United Rentals Inc.
Peer comparison
Dec 31, 2024