Antero Resources Corp (AR)

Debt-to-assets 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 1,489,230 1,622,320 1,591,210 1,510,110 1,537,600 1,606,900 1,492,270 1,312,050 1,183,480 1,172,830 1,577,210 1,959,940 2,125,440 2,341,030 2,415,160 2,568,690 3,001,590 3,158,220 3,518,080 3,707,790
Total assets US$ in thousands 13,010,000 13,223,600 13,415,800 13,548,500 13,517,200 13,736,600 13,766,800 13,871,100 14,118,000 14,413,400 14,212,700 13,803,500 13,896,500 13,471,500 12,848,300 13,000,400 13,150,800 13,349,700 13,744,000 14,525,800
Debt-to-assets ratio 0.11 0.12 0.12 0.11 0.11 0.12 0.11 0.09 0.08 0.08 0.11 0.14 0.15 0.17 0.19 0.20 0.23 0.24 0.26 0.26

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 of Antero Resources Corp has exhibited a consistent downward trend over the past few years, indicating improved financial health and stability. Starting at 0.26 in March 2020, the ratio has steadily decreased to 0.11 by December 2024. This suggests that the company's reliance on debt to finance its assets has been diminishing, which could be a positive sign for investors and creditors. A lower debt-to-assets ratio indicates that a larger portion of the company's assets are financed through equity, potentially reducing financial risk and increasing solvency. Overall, the decreasing trend in the debt-to-assets ratio for Antero Resources Corp reflects a favorable shift towards a healthier financial position.