Avient Corp (AVNT)
Debt-to-equity 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-equity ratio | 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 ÷ $2,329,600K
= 0.00
Based on the data provided, Avient Corp has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt or a negligible amount of debt as compared to its equity. This can signify financial stability and a lower risk level, as the company is not heavily reliant on debt financing. Avient Corp's consistent 0.00 debt-to-equity ratio over the years suggests a conservative capital structure and a strong financial position in terms of capital funding.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Avient Corp
AVNT
0.00
AdvanSix Inc
ASIX
0.00
Albemarle Corp
ALB
0.31
Dupont De Nemours Inc
DD
0.00
Rogers Corporation
ROG
0.00