Alaska Air Group Inc (ALK)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 19,768,000 | 15,834,000 | 14,281,000 | 13,951,000 | 14,046,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $19,768,000K
= 0.00
The debt-to-assets ratio for Alaska Air Group Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to acquire its assets during this period. A ratio of 0.00 suggests that the company's assets are primarily funded by equity, which can be perceived positively as it signifies a low level of financial risk associated with debt obligations. However, it is essential to note that a very low debt-to-assets ratio may also indicate missed opportunities to leverage debt for potential growth or tax advantages.
Peer comparison
Dec 31, 2024