Avient Corp (AVNT)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,329,600K
= 0.00
The debt-to-equity ratio for Avient Corp has remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed by equity rather than debt. It could imply that the company has a strong financial position and is not relying heavily on borrowed funds to support its operations or expansion. However, it is essential to consider other financial metrics and factors to gain a more comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024