Ball Corporation (BALL)
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 | 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-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 ÷ $7,469,000K
= 0.00
The debt-to-equity ratio of Ball Corporation has consistently been at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt to finance its operations and growth, as its equity financing has been sufficient to support its activities. A low or zero debt-to-equity ratio can signify financial strength, as it suggests lower financial risk and a stronger financial position due to lower dependence on borrowing. Overall, Ball Corporation's stable and low debt-to-equity ratio reflects a conservative financial strategy and a strong balance sheet position.
Peer comparison
Dec 31, 2024