Werner Enterprises Inc (WERN)
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 | 1,455,930 | 1,528,340 | 1,443,640 | 1,327,550 | 1,195,040 |
| 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 + $1,455,930K)
= 0.00
Based on the data provided, Werner Enterprises Inc's debt-to-capital ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during the mentioned time period. This suggests that Werner Enterprises Inc has been operating without relying on debt financing to fund its operations or expansion. While a low or zero debt-to-capital ratio can signify financial strength and stability, it is essential to consider other financial metrics and factors to assess the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024