Peabody Energy Corp (BTU)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,953,700 | 5,962,100 | 5,610,800 | 4,949,800 | 4,667,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,953,700K
= 0.00
The debt-to-assets ratio of Peabody Energy Corp has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has a conservative financial strategy, relying primarily on equity financing rather than debt to fund its operations and investments. It also indicates a strong financial position with minimal financial risk associated with debt. However, it is essential to consider other financial metrics and factors to assess the overall financial health and performance of the company accurately.
Peer comparison
Dec 31, 2024