Antero Resources Corp (AR)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands 1,489,230 1,537,600 1,183,480 2,125,440 3,001,590
Total assets US$ in thousands 13,010,000 13,517,200 14,118,000 13,896,500 13,150,800
Debt-to-assets ratio 0.11 0.11 0.08 0.15 0.23

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,489,230K ÷ $13,010,000K
= 0.11

The debt-to-assets ratio for Antero Resources Corp has shown a decreasing trend from 0.23 in December 31, 2020, to 0.15 in December 31, 2021, and further to 0.08 in December 31, 2022. This indicates that the company has been effectively managing its debt relative to its total assets, resulting in a stronger financial position. However, the ratio increased slightly to 0.11 in December 31, 2023, and remained stable at the same level in December 31, 2024. Overall, the decreasing trend followed by a slight increase suggests that Antero Resources Corp has been successful in reducing its reliance on debt to finance its operations, which can be seen as a positive sign for investors and stakeholders.