Alcoa Corp (AA)
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 | 5,159,000 | 4,251,000 | 5,076,000 | 4,672,000 | 3,311,000 |
| 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 ÷ $5,159,000K
= 0.00
The debt-to-equity ratio for Alcoa Corp has remained consistent at 0.00 from December 31, 2020 to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies that the company's financial structure is predominantly equity-funded, which may be perceived positively by investors and creditors as it reflects lower financial risk and leverage. However, it is essential to consider other financial metrics and factors to obtain a comprehensive understanding of the company's financial health and capital structure strategy.
Peer comparison
Dec 31, 2024