Alaska Air Group Inc (ALK)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 4,372,000 | 4,479,000 | 4,226,000 | 3,977,000 | 4,113,000 | 4,093,000 | 3,951,000 | 3,689,000 | 3,816,000 | 3,826,000 | 3,799,000 | 3,637,000 | 3,801,000 | 3,531,000 | 3,324,000 | 2,875,000 | 3,005,000 | 3,454,000 | 3,861,000 | 4,015,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,372,000K
= 0.00
Based on the data provided, the debt-to-equity ratio of Alaska Air Group Inc has consistently been 0.00 over the past several quarters, from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt compared to its equity. This could suggest that the company primarily relies on equity financing to support its operations and growth rather than taking on significant debt.
Having a low or zero debt-to-equity ratio can be viewed positively by investors and creditors, as it indicates a lower financial risk for the company. It suggests that the company may have a strong financial position, good cash flow, or a conservative financing strategy. However, it is also important to consider that a very low debt-to-equity ratio could potentially limit the company's ability to leverage debt for growth opportunities or take advantage of tax benefits associated with debt financing.
Overall, the consistent 0.00 debt-to-equity ratio of Alaska Air Group Inc provides insight into the company's financial structure and risk profile, indicating a cautious approach to debt management.
Peer comparison
Dec 31, 2024