WESCO International Inc (WCC)
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 | 4,970,700 | 5,037,100 | 4,449,570 | 3,776,210 | 3,336,390 |
| 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 ÷ $4,970,700K
= 0.00
Based on the data provided for WESCO International Inc, the company's debt-to-equity ratio has consistently been 0.00 for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity. This could suggest that WESCO International Inc relies more on equity financing rather than debt financing to fund its operations and growth initiatives. As a result, the company may have a lower financial leverage and reduced risk of default, but this also means it may be missing out on potential tax benefits associated with debt financing.
Peer comparison
Dec 31, 2024