Allegheny Technologies Incorporated (ATI)
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 | — | — | — | — | — |
| Total assets | US$ in thousands | 5,230,600 | 4,985,100 | 4,445,600 | 4,285,200 | 4,034,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,230,600K
= 0.00
The debt-to-assets ratio for Allegheny Technologies Incorporated has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company is not relying on debt financing to support its operations or growth, which can be a positive sign of financial stability and solvency. However, it is important to consider other factors such as the cost of capital, profitability, and overall financial health when assessing the company's financial position comprehensively.