Peabody Energy Corp (BTU)
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 | 3,650,500 | 3,547,000 | 3,231,300 | 1,761,800 | 929,600 |
| 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 + $3,650,500K)
= 0.00
Based on the data provided, the debt-to-capital ratio of Peabody Energy Corp has consistently been at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt relative to its capital. This could imply that Peabody Energy Corp has been financing its operations primarily through equity rather than debt during this period.
Having a debt-to-capital ratio of 0.00 can suggest a low financial risk as the company is not relying on significant debt to fund its operations. However, it's important to note that too low a debt-to-capital ratio may also mean missed opportunities for leveraging debt for potential growth or tax benefits.
Overall, based on the data presented, Peabody Energy Corp's consistent 0.00 debt-to-capital ratio indicates a conservative approach to capital structure with minimal reliance on debt financing.
Peer comparison
Dec 31, 2024