Alpha Metallurgical Resources Inc (AMR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,438,710 | 2,406,060 | 2,312,480 | 1,857,710 | 1,680,090 |
| Total stockholders’ equity | US$ in thousands | 1,649,500 | 1,573,930 | 1,429,760 | 546,909 | 200,102 |
| Financial leverage ratio | 1.48 | 1.53 | 1.62 | 3.40 | 8.40 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,438,710K ÷ $1,649,500K
= 1.48
The financial leverage ratio of Alpha Metallurgical Resources Inc has shown a significant decline over the past five years, indicating an improvement in the company's overall financial health and risk profile.
As of December 31, 2020, the financial leverage ratio was relatively high at 8.40, suggesting that the company had a higher level of debt compared to its equity. However, by December 31, 2024, the ratio had decreased to 1.48, indicating a substantial reduction in leverage.
This declining trend in the financial leverage ratio signifies that Alpha Metallurgical Resources Inc has been able to lower its reliance on debt financing and improve its financial stability. A lower financial leverage ratio generally indicates a lower risk of default and a stronger ability to meet financial obligations.
Overall, the declining financial leverage ratio of Alpha Metallurgical Resources Inc reflects a positive trend in the company's financial position and its ability to manage debt effectively.
Peer comparison
Dec 31, 2024