Alaska Air Group Inc (ALK)
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 | 19,768,000 | 19,559,000 | 15,342,000 | 14,813,000 | 15,834,000 | 15,165,000 | 14,829,000 | 14,296,000 | 14,281,000 | 14,531,000 | 14,800,000 | 14,210,000 | 13,951,000 | 13,882,000 | 14,656,000 | 14,262,000 | 14,046,000 | 14,749,000 | 13,998,000 | 13,363,000 |
| 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 ÷ $19,768,000K
= 0.00
Based on the data provided, the debt-to-assets ratio for Alaska Air Group Inc has consistently remained at 0.00 for the period from March 31, 2020, to December 31, 2024.
A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets. This can be seen as a positive sign, as it suggests that the company is not relying on debt financing to fund its operations and investments.
Having a low or zero debt-to-assets ratio can indicate financial stability and a strong financial position, as it implies that the company is able to finance its operations and investments using its own equity rather than borrowed funds.
Overall, the consistent 0.00 debt-to-assets ratio for Alaska Air Group Inc signifies a conservative approach to capital structure and a healthy balance sheet with minimal financial risk stemming from debt obligations.
Peer comparison
Dec 31, 2024