Alcoa Corp (AA)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,065,000 | 14,542,000 | 14,307,000 | 14,328,000 | 14,158,000 | 13,917,000 | 14,128,000 | 14,369,000 | 14,756,000 | 14,885,000 | 15,709,000 | 15,988,000 | 15,003,000 | 14,197,000 | 14,438,000 | 14,931,000 | 14,864,000 | 14,223,000 | 13,300,000 | 13,651,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $14,065,000K
= 0.00
The debt-to-assets ratio for Alcoa Corp has consistently remained at 0.00 for all reporting periods from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during these periods. This suggests that Alcoa Corp relies more on its equity financing rather than debt financing to support its operations and investments. A low or zero debt-to-assets ratio can be viewed positively as it implies a lower financial risk and greater financial stability for the company. This stability could potentially indicate strong financial health and may be attractive to investors and creditors.
Peer comparison
Dec 31, 2024