Avient Corp (AVNT)
Debt-to-assets 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 assets | US$ in thousands | 5,811,100 | 6,047,300 | 5,907,800 | 5,876,100 | 5,968,500 | 5,789,700 | 6,051,800 | 6,111,200 | 6,085,000 | 6,307,100 | 5,043,600 | 5,043,700 | 5,002,900 | 5,011,000 | 5,047,400 | 4,909,400 | 4,871,300 | 4,709,900 | 4,337,000 | 3,742,700 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,811,100K
= 0.00
The debt-to-assets ratio for Avient Corp has consistently been recorded at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company is not relying on borrowed funds to finance its operations and investments, and its assets are primarily funded through equity. From a financial stability perspective, a lower debt-to-assets ratio is generally considered favorable as it indicates a lower financial risk and greater solvency. With a consistent 0.00 ratio over multiple periods, Avient Corp appears to have a strong financial position with minimal reliance on debt to support its operations and investments.
Peer comparison
Dec 31, 2024