US Foods Holding Corp (USFD)

Debt-to-capital 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 stockholders’ equity US$ in thousands 4,749,000 4,692,000 4,604,000 4,179,000 3,961,000 3,927,000 3,804,000 3,722,000 3,735,000 3,648,000 3,573,000 3,500,000 3,530,000 3,515,000 3,500,000 3,582,000 3,709,000 3,557,000 3,435,000 3,310,000
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,749,000K)
= 0.00

Based on the data provided, the debt-to-capital ratio for US Foods Holding Corp has consistently been reported as 0.00 across all the quarters listed. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure or that the amount of debt is negligible compared to the total capital employed. This suggests that the company relies more on equity financing rather than debt to fund its operations and expansion. It is essential to note that while a low debt-to-capital ratio can be viewed positively as it indicates lower financial risk and potential for higher creditworthiness, it also implies potentially missed opportunities for leveraging debt to enhance returns on equity. Further analysis of the company's capital structure and financial strategy would be necessary to fully understand the implications of its consistent 0.00 debt-to-capital ratio.


Peer comparison

Dec 31, 2023

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