Allegheny Technologies Incorporated (ATI)

Debt-to-capital 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 1,850,400 1,791,400 1,355,200 1,263,600 1,373,000 1,238,900 1,194,000 1,096,500 1,045,900 813,500 762,900 658,700 685,600 541,400 473,000 482,900 521,100 1,733,700 1,735,300 2,087,800
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,850,400K)
= 0.00

The debt-to-capital ratio of Allegheny Technologies Incorporated has remained consistently at 0.00% from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total capital structure during this period. A debt-to-capital ratio of 0% signifies that the company's capital structure is mainly equity-funded, which can indicate lower financial risk and greater financial stability, as there is no significant debt obligation impacting the company's operations. This could imply that Allegheny Technologies Incorporated has been able to maintain a strong financial position without relying heavily on debt financing.