Alaska Air Group Inc (ALK)
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 | 4,372,000 | 4,113,000 | 3,816,000 | 3,801,000 | 3,005,000 |
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 ÷ $4,372,000K
= 0.00
The debt-to-equity ratio for Alaska Air Group Inc has consistently been 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity. A debt-to-equity ratio of 0.00 typically signifies a conservative financial structure with low financial risk, as there is no debt leverage involved in the company's capital structure. It suggests that shareholders' equity fully covers the company's assets, reflecting a strong financial position in terms of solvency and stability.
Peer comparison
Dec 31, 2024