US Foods Holding Corp (USFD)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,749,000 | 3,961,000 | 3,735,000 | 3,530,000 | 3,709,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,749,000K
= 0.00
Based on the data provided, US Foods Holding Corp has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, including as of December 31, 2023. A debt-to-equity ratio of 0.00 indicates that the company has no debt as compared to its equity, suggesting that it is primarily financed through equity rather than debt. This may imply a strong financial position with minimal financial risk associated with debt obligations. However, it is important to note that a zero debt-to-equity ratio can sometimes indicate that the company has restructured or reclassified its financial obligations, and further analysis beyond this ratio is necessary to fully assess the company's financial health and leverage position.
Peer comparison
Dec 31, 2023