Ball Corporation (BALL)
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 | 5,930,000 | 3,769,000 | 3,527,000 | 3,685,000 | 3,337,000 |
| 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 + $5,930,000K)
= 0.00
The debt-to-capital ratio for Ball Corporation over the past five years, from December 31, 2020, to December 31, 2024, remained constant at 0.00. This indicates that Ball Corporation has not utilized debt as a source of financing its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily supported by equity rather than debt, which may indicate a lower level of financial risk. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of Ball Corporation's overall financial health and risk profile.
Peer comparison
Dec 31, 2024