Ball Corporation (BALL)
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 | 17,628,000 | 18,824,000 | 18,961,000 | 19,898,000 | 19,303,000 | 19,932,000 | 20,171,000 | 20,109,000 | 19,909,000 | 20,053,000 | 20,926,000 | 20,926,000 | 19,714,000 | 20,132,000 | 19,146,000 | 17,979,000 | 18,252,000 | 16,972,000 | 16,610,000 | 16,545,000 |
| 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 ÷ $17,628,000K
= 0.00
The debt-to-assets ratio for Ball Corporation has consistently been at 0.00 over the past several years, according to the data provided. This indicates that the company is not using any debt to finance its assets, and instead relies on equity to fund its operations and investments. A debt-to-assets ratio of 0.00 signifies a very conservative financial structure, as the company has no debt obligations compared to its total assets. This low ratio suggests that Ball Corporation has a strong financial position with lower financial risk, as it is not burdened by debt repayments and interest expenses. Overall, the consistent 0.00 debt-to-assets ratio reflects a prudent financial management strategy focused on maintaining a healthy balance sheet and financial stability.
Peer comparison
Dec 31, 2024