Peabody Energy Corp (BTU)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| Debt-to-capital 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 |
| 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 |
| Financial leverage ratio | 1.61 | 1.61 | 1.61 | 1.65 | 1.68 | 1.65 | 1.69 | 1.67 | 1.74 | 2.08 | 2.36 | 2.67 | 2.81 | 4.52 | 4.97 | 5.34 | 5.02 | 4.63 | 5.27 | 2.52 |
Based on the data provided for Peabody Energy Corp, the solvency ratios indicate a strong financial position in terms of leverage and debt ratios. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have consistently remained at 0.00 across all reported periods, indicating that the company has no debt relative to its total assets, capital, or equity.
The Financial leverage ratio, which measures the proportion of a company's debt to its equity and reflects the company's level of financial risk, has shown a declining trend over the years. Starting at 2.52 in March 31, 2020, the ratio peaked at 5.34 in March 31, 2021, before declining steadily to 1.61 by December 31, 2024. This decreasing trend signals that the company is reducing its reliance on debt for financing its operations and is improving its overall financial leverage position.
Overall, Peabody Energy Corp's solvency ratios suggest a solid financial foundation with minimal debt obligations and a decreasing financial leverage ratio, indicating a favorable position in terms of solvency and financial risk management.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 11.45 | 15.12 | 14.44 | 14.55 | 19.29 | 19.75 | 18.14 | 15.76 | 9.82 | 8.93 | 5.53 | 2.76 | 2.85 | -0.75 | -0.78 | -10.45 | -12.25 | -13.33 | -13.31 | -1.88 |
Peabody Energy Corp's interest coverage, as reflected in the provided data, has shown significant fluctuations over the past few quarters. The interest coverage ratio is a measure of a company's ability to meet its interest obligations with its operating income.
From March 31, 2020, to June 30, 2021, the interest coverage ratios were negative, indicating that the company's operating income was not sufficient to cover its interest expenses during these periods. This situation could raise concerns about the company's financial health and its ability to service its debt obligations.
However, starting from the end of 2021, the interest coverage ratio improved significantly, turning positive and increasing consistently through 2023. The positive interest coverage ratios from December 31, 2021, to December 31, 2024, indicate that Peabody Energy Corp's operating income was more than adequate to cover its interest expenses during these periods.
The gradual increase in the interest coverage ratio reflects a stronger financial position for the company, suggesting improved profitability and potentially better debt management. A higher interest coverage ratio is generally seen as a positive sign, indicating that the company has sufficient earnings to meet its interest costs comfortably.
Overall, the trend in Peabody Energy Corp's interest coverage ratio has shown a positive turnaround from negative to positive values, indicating a potential improvement in its financial sustainability and debt repayment capacity over the analyzed period.