Allegheny Technologies Incorporated (ATI)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,850,400K
= 0.00
Allegheny Technologies Incorporated has consistently maintained a debt-to-equity ratio of 0.00 across all quarters from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has either no debt or negligible debt in relation to its equity. This signifies a strong financial position with a minimal reliance on debt to finance its operations or investments. It also suggests that the company may be funding its growth or operations primarily through equity financing or retained earnings rather than taking on debt. However, it is important to note that a low debt-to-equity ratio may also imply limited financial leverage and potential constraints on the company's ability to take advantage of growth opportunities. Further analysis of the company's capital structure and overall financial health would be necessary to provide a more comprehensive assessment of its financial leverage and risk profile.