Ball Corporation (BALL)
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 | 7,469,000 | 6,683,000 | 6,913,000 | 7,308,000 | 3,769,000 | 4,008,000 | 3,905,000 | 3,639,000 | 3,527,000 | 3,479,000 | 3,465,000 | 3,898,000 | 3,685,000 | 3,765,000 | 3,701,000 | 3,554,000 | 3,337,000 | 2,953,000 | 2,830,000 | 2,700,000 |
| 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 + $7,469,000K)
= 0.00
The debt-to-capital ratio for Ball Corporation, as per the provided data, has consistently been 0.00 from March 31, 2020, through December 31, 2024. This ratio indicates that the company has not been using any debt to finance its operations in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 typically suggests that the company is mainly using equity financing rather than debt financing to fund its assets and investments. It implies a lower financial risk, as there is no debt present to be serviced, but it may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders. Further analysis of the company's overall financial health and strategies would be necessary to fully assess the implications of this consistently low debt-to-capital ratio.
Peer comparison
Dec 31, 2024