Peabody Energy Corp (BTU)

Debt-to-equity ratio

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,547,000 3,231,300 1,761,800 929,600 2,613,800
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,547,000K
= 0.00

The debt-to-equity ratio of Peabody Energy Corp has consistently been reported as 0.00 for the past five years, stretching from December 31, 2019, to December 31, 2023. This implies that the company has not utilized any debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically indicates that the company is solely financed by equity and does not have any outstanding debt obligations. This may suggest a conservative financial approach as the company is not relying on debt to fund its operations or growth, potentially reducing its financial risk and making it less susceptible to interest rate fluctuations or liquidity challenges.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
Peabody Energy Corp
BTU
0.00
Alpha Metallurgical Resources Inc
AMR
0.00
Arch Resources Inc
ARCH
0.07