Allegheny Technologies Incorporated (ATI)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,850,400 | 1,373,000 | 1,045,900 | 685,600 | 521,100 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,850,400K
= 0.00
The debt-to-equity 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 either no debt or very minimal debt relative to its equity. A debt-to-equity ratio of 0.00 typically signifies a conservative capital structure, where the company relies more on equity financing rather than debt financing. This can be viewed positively by investors and creditors as it suggests a lower financial risk and potentially greater financial stability for the company. However, it's also essential to consider other financial metrics and the overall business context to fully assess Allegheny Technologies' financial health and risk profile.