Werner Enterprises Inc (WERN)
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 | 1,455,930 | 1,528,340 | 1,443,640 | 1,327,550 | 1,195,040 |
| 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 ÷ $1,455,930K
= 0.00
The debt-to-equity ratio of Werner Enterprises Inc has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has no debt or an insignificant level of debt in relation to its equity during the period under review. A debt-to-equity ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt, which may indicate a lower financial risk and a strong financial position with a lower reliance on external borrowing. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health.
Peer comparison
Dec 31, 2024