Antero Resources Corp (AR)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 7,021,650 | 6,901,520 | 6,754,560 | 5,757,160 | 5,767,700 |
| Debt-to-equity ratio | 0.21 | 0.22 | 0.18 | 0.37 | 0.52 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,489,230K ÷ $7,021,650K
= 0.21
The debt-to-equity ratio of Antero Resources Corp has shown a decreasing trend over the past five years, declining from 0.52 in December 31, 2020, to 0.21 in December 31, 2024. This indicates that the company's reliance on debt funding has been decreasing relative to its equity financing over the period under consideration. A lower debt-to-equity ratio generally signifies a healthier financial position and lower financial risk. Antero Resources Corp's decreasing ratio suggests a positive trend in financial stability and a potential improvement in its ability to cover its debt obligations with its equity resources.
Peer comparison
Dec 31, 2024