Peabody Energy Corp (BTU)
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 | 3,708,800 | 3,639,300 | 3,657,800 | 3,479,200 | 3,547,000 | 3,458,600 | 3,444,700 | 3,474,700 | 3,231,300 | 2,611,200 | 2,248,200 | 1,852,800 | 1,761,800 | 981,900 | 896,500 | 839,500 | 929,600 | 1,050,700 | 939,300 | 2,476,500 |
| 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 ÷ $3,708,800K
= 0.00
Based on the provided data, Peabody Energy Corp has consistently maintained a debt-to-equity ratio of 0.00 over the reported periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company does not have any debt on its balance sheet in relation to equity. This may suggest that Peabody Energy Corp has been mainly financed through equity or has successfully managed to eliminate its debt obligations during the mentioned periods.
While having no debt can be considered positive as it reduces financial risk and interest expenses, it is also important to recognize that some level of debt can be advantageous for a company to fund growth opportunities or leverage investments. Therefore, further analysis of Peabody Energy Corp's overall capital structure and financial strategy beyond the debt-to-equity ratio is recommended to gain a more comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024