APA Corporation (APA)
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 | 5,280,000 | 5,114,000 | 5,423,000 | 2,607,000 | 2,655,000 | 1,078,000 | 709,000 | 444,000 | 423,000 | 600,000 | 584,000 | -18,000 | -1,595,000 | -1,095,000 | -964,000 | -1,258,000 | -1,639,000 | -1,641,000 | -1,635,000 | -1,246,000 |
| 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 | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,280,000K
= 0.00
The debt-to-equity ratio of APA Corporation has shown a consistent improvement from 0.00 as of June 30, 2022, to 0.00 as of December 31, 2024. This trend indicates that the company has effectively managed its debt levels in relation to its equity over the analyzed period. A debt-to-equity ratio of 0.00 implies that the company has no debt or a negligible amount compared to its equity, reflecting a low financial risk and a solid financial position. APA Corporation's decreasing debt-to-equity ratio suggests that it may rely more on equity financing rather than borrowing to fund its operations and investments, which can be seen as a positive indicator for investors and creditors.
Peer comparison
Dec 31, 2024