APA Corporation (APA)

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	5,280,000	2,655,000	423,000	-1,595,000	-1,639,000
Debt-to-capital ratio		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 + $5,280,000K)
= 0.00

The debt-to-capital ratio for APA Corporation shows a favorable trend over the years, with values of 0.00 for the years ending December 31, 2022, 2023, and 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in relation to its total capital, suggesting a conservative capital structure and strong financial health. This could be a positive sign for investors and creditors, as it implies a lower financial risk and potentially more room for growth and future investments.