Avient Corp (AVNT)
Debt-to-capital 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 | 2,329,600 | 2,363,000 | 2,317,500 | 2,321,300 | 2,319,200 | 2,276,900 | 2,334,700 | 2,349,800 | 2,334,500 | 1,720,400 | 1,809,700 | 1,813,200 | 1,774,700 | 1,768,800 | 1,768,200 | 1,707,000 | 1,683,600 | 1,597,000 | 1,551,300 | 1,538,600 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,329,600K)
= 0.00
The debt-to-capital ratio for Avient Corp has been consistently at 0.00 for all the periods mentioned from March 31, 2020, to December 31, 2024. This indicates that the company has not been utilizing any debt to finance its operations relative to its capital structure. A debt-to-capital ratio of 0.00 suggests that the company is financing its operations primarily through equity rather than debt. While this can signify a lower financial risk due to the absence of debt obligations, it may also indicate potential missed opportunities for leveraging debt to enhance returns. It is important to consider the reasons behind the consistent zero debt-to-capital ratio and evaluate the company's overall financial strategy and capital structure decisions.
Peer comparison
Dec 31, 2024