Alaska Air Group Inc (ALK)
Debt-to-capital 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 | 4,372,000 | 4,113,000 | 3,816,000 | 3,801,000 | 3,005,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,372,000K)
= 0.00
The debt-to-capital 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 been financing its operations without relying heavily on debt and has instead maintained a capital structure with a significant portion of equity. A debt-to-capital ratio of 0.00 suggests a conservative financial strategy with minimal debt obligations in relation to the company's total capital, which could signify a lower financial risk and a stronger balance sheet position. This stable and low debt-to-capital ratio reflects a prudent approach to managing the company's financial leverage and may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024