Peabody Energy Corp (BTU)
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 | 3,650,500 | 3,547,000 | 3,231,300 | 1,761,800 | 929,600 |
| 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 ÷ $3,650,500K
= 0.00
Based on the provided data, Peabody Energy Corp has consistently maintained a debt-to-equity ratio of 0.00 over the years 2020, 2021, 2022, 2023, and 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt in relation to its equity. This could suggest that the company relies more on equity financing rather than debt to fund its operations and investments. However, it's important to note that a low or zero debt-to-equity ratio may also limit the company's financial flexibility and potential for leveraging growth opportunities.
Peer comparison
Dec 31, 2024