Old Dominion Freight Line Debt 2024

Old Dominion Freight Line Debt

-353.82 USD

Old Dominion Freight Line Dividend yield

0.73 %

Ticker

ODFL

ISIN

US6795801009

WKN

923655

In 2024, Old Dominion Freight Line's total debt was -353.82 USD, a 309.99% change from the -86.3 USD total debt recorded in the previous year.

Old Dominion Freight Line Aktienanalyse

What does Old Dominion Freight Line do?

Old Dominion Freight Line, Inc., also known as ODFL, was founded in 1934 in Virginia as a small company primarily transporting furniture. Today, ODFL is one of the largest and most successful less-than-truckload (LTL) freight carriers in North America. ODFL's business model involves collecting goods from various shippers, consolidating them, and efficiently transporting them in less-than-truckload shipments using a network of terminals and trucks. ODFL is known for its high quality service and reliability. ODFL operates a network of over 240 terminals in North America, with a focus on the United States. Additionally, they have terminals in Canada, Mexico, and Puerto Rico. The large number of terminals allows customers easy access to ODFL's services and ensures quick and direct transportation of their freight. ODFL has also established itself in the field of logistics services. The company offers various logistics services, including fulfillment and warehousing of goods. They also develop customized logistics solutions for individual customers and their specific requirements. A key factor in ODFL's success is the close collaboration between different departments within the company. The sales and marketing team works closely with the operations team to ensure ODFL can best serve its customers. Customer service is a top priority for ODFL, which is why the company maintains high levels of communication and provides quick and effective support to customers when issues arise. ODFL offers a wide range of products and services. This includes truck transportation, where ODFL provides LTL transportation services for all types of goods. They also offer specialized services such as refrigerated and frozen transportation, as well as express services. In the field of logistics services, ODFL offers a variety of services including warehousing, fulfillment, supply chain consulting, customs clearance, and even packaging, among others. Over the years, ODFL has experienced remarkable growth. After investing heavily in automation and IT infrastructure in the 1980s and 1990s, the company was able to expand its operations significantly. Today, ODFL is a publicly traded company with revenues exceeding $4 billion. Overall, Old Dominion Freight Line, Inc. has established itself as a dynamic, trustworthy, and competitive LTL freight carrier. The company has been able to provide its customers with reliable service by combining state-of-the-art technology with a dedicated and experienced workforce. With its wide range of products, logistics expertise, and geographic presence, ODFL is well positioned to continue growing successfully and serve customers worldwide. Old Dominion Freight Line ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Old Dominion Freight Line's Debt Structure

Old Dominion Freight Line's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Old Dominion Freight Line's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Old Dominion Freight Line’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Old Dominion Freight Line’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Old Dominion Freight Line Stock

What is the debt of Old Dominion Freight Line this year?

Old Dominion Freight Line has a debt level of -353.82 USD this year.

What was the debt of Old Dominion Freight Line compared to the previous year?

The debt of Old Dominion Freight Line has increased by 309.99% compared to the previous year increased.

What are the consequences of high debt for investors in Old Dominion Freight Line?

High debt can pose a risk for investors of Old Dominion Freight Line, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Old Dominion Freight Line?

Low debt means that Old Dominion Freight Line has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Old Dominion Freight Line affect the company?

An increase in debt of Old Dominion Freight Line can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Old Dominion Freight Line affect the company?

A reduction in debt of Old Dominion Freight Line can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Old Dominion Freight Line?

Some factors that can influence the debt of Old Dominion Freight Line include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Old Dominion Freight Line so important for investors?

The debts of Old Dominion Freight Line are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Old Dominion Freight Line take to change the debt?

To change the debt, Old Dominion Freight Line can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Old Dominion Freight Line pay?

Over the past 12 months, Old Dominion Freight Line paid a dividend of 1.6 USD . This corresponds to a dividend yield of about 0.73 %. For the coming 12 months, Old Dominion Freight Line is expected to pay a dividend of 2.14 USD.

What is the dividend yield of Old Dominion Freight Line?

The current dividend yield of Old Dominion Freight Line is 0.73 %.

When does Old Dominion Freight Line pay dividends?

Old Dominion Freight Line pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Old Dominion Freight Line?

Old Dominion Freight Line paid dividends every year for the past 11 years.

What is the dividend of Old Dominion Freight Line?

For the upcoming 12 months, dividends amounting to 2.14 USD are expected. This corresponds to a dividend yield of 0.98 %.

In which sector is Old Dominion Freight Line located?

Old Dominion Freight Line is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Old Dominion Freight Line kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Old Dominion Freight Line from 3/20/2024 amounting to 0.52 USD, you needed to have the stock in your portfolio before the ex-date on 3/5/2024.

When did Old Dominion Freight Line pay the last dividend?

The last dividend was paid out on 3/20/2024.

What was the dividend of Old Dominion Freight Line in the year 2023?

In the year 2023, Old Dominion Freight Line distributed 1.2 USD as dividends.

In which currency does Old Dominion Freight Line pay out the dividend?

The dividends of Old Dominion Freight Line are distributed in USD.

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Andere Kennzahlen von Old Dominion Freight Line

Our stock analysis for Old Dominion Freight Line Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Old Dominion Freight Line Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.