Avient Corp (AVNT)
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 | 5,811,100 | 5,968,500 | 6,085,000 | 5,002,900 | 4,871,300 |
| 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 ÷ $5,811,100K
= 0.00
Based on the data provided, Avient Corp has consistently maintained a debt-to-assets ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 typically suggests that the company relies solely on equity financing, implying a low financial risk and a strong financial position in terms of solvency. Avient Corp's ability to operate without debt obligations may indicate effective financial management and a conservative approach to capital structure.
Peer comparison
Dec 31, 2024