Avient Corp (AVNT)
Debt-to-capital 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 | 2,329,600 | 2,319,200 | 2,334,500 | 1,774,700 | 1,683,600 |
| Debt-to-capital ratio | 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 + $2,329,600K)
= 0.00
The debt-to-capital ratio of Avient Corp has remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments during this period, or any debts taken are equal to the capital employed in the business. A debt-to-capital ratio of 0.00% suggests a conservative financing strategy, with the company relying more on equity financing rather than debt. This implies lower financial risk and greater financial stability for Avient Corp, as it is not burdened with significant debt obligations in relation to its capital structure.
Peer comparison
Dec 31, 2024