Ball Corporation (BALL)
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 | 5,930,000 | 3,769,000 | 3,527,000 | 3,685,000 | 3,337,000 |
| 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 ÷ $5,930,000K
= 0.00
The debt-to-equity ratio for Ball Corporation has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing in relation to equity during this period. A debt-to-equity ratio of 0.00 suggests a conservative capital structure, where the company relies more on equity financing rather than debt to fund its operations and growth. This can be viewed positively by investors and creditors as it signifies lower financial risk and a stronger financial position. However, it's important to consider other financial metrics and factors to have a holistic understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024