United Rentals Inc (URI)
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 | 8,622,000 | 8,130,000 | 7,062,000 | 5,991,000 | 4,545,000 |
| 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 ÷ $8,622,000K
= 0.00
United Rentals Inc has consistently maintained a debt-to-equity ratio of 0.00 across the years 2020 to 2024. This implies that the company has not utilized any debt to finance its operations and growth, relying solely on equity. A debt-to-equity ratio of 0.00 indicates a conservative financial structure, as there is no financial leverage present in the company's capital structure during this period. It suggests that the company's financial risk is minimal, as there is no debt that needs to be serviced or repaid. Investors and stakeholders may view this as a positive sign of financial stability and sound management of capital resources.
Peer comparison
Dec 31, 2024