US Foods Holding Corp (USFD)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 13,187,000 13,272,000 13,029,000 13,038,000 12,773,000 13,242,000 13,033,000 12,960,000 12,521,000 13,117,000 13,064,000 13,000,000 12,423,000 12,796,000 13,529,000 11,984,000 11,288,000 11,526,000 9,339,000 9,391,000
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, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,187,000K
= 0.00

The debt-to-assets ratio for US Foods Holding Corp has consistently been reported as 0.00 across all the dates provided in the table. A debt-to-assets ratio of 0.00 indicates that the company does not carry any debt on its balance sheet in relation to its total assets. This implies that the company funds its operations and investments with equity and other non-debt financing sources. The stability of this ratio at 0.00 over multiple periods suggests a strong financial position with minimal financial risk related to debt obligations. It is important to note that while a low or zero debt-to-assets ratio may indicate financial strength, it can also point to potential underutilization of debt financing that could enhance growth opportunities.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-assets ratio
US Foods Holding Corp
USFD
0.00
Domino’s Pizza Inc
DPZ
0.00
Sysco Corporation
SYY
0.00