WESCO International Inc (WCC)
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 | 4,970,700 | 5,037,100 | 4,449,570 | 3,776,210 | 3,336,390 |
| 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 + $4,970,700K)
= 0.00
The debt-to-capital ratio for WESCO International Inc has consistently remained at 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's financial obligations are primarily funded by equity rather than debt. It suggests a conservative approach to leverage and financial risk management. It is essential to consider other factors such as the overall financial health and growth prospects of the company in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of WESCO International Inc's financial position.
Peer comparison
Dec 31, 2024