Crown Holdings Inc (CCK)
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 | 6,058,000 | 6,699,000 | 6,792,000 | 6,052,000 | 8,023,000 |
| Total stockholders’ equity | US$ in thousands | 2,756,000 | 2,410,000 | 1,849,000 | 1,912,000 | 2,198,000 |
| Debt-to-capital ratio | 0.69 | 0.74 | 0.79 | 0.76 | 0.78 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $6,058,000K ÷ ($6,058,000K + $2,756,000K)
= 0.69
The debt-to-capital ratio for Crown Holdings Inc has fluctuated over the past five years. Starting at 0.78 on December 31, 2020, the ratio decreased to 0.69 by December 31, 2024, indicating a downward trend overall. This suggests that the company has been reducing its reliance on debt relative to its total capital base. A lower debt-to-capital ratio reflects a healthier financial position, as it indicates a lower level of debt compared to the company's total capital. However, it is important to monitor this ratio to ensure that the company maintains a balanced capital structure and does not become overly leveraged.
Peer comparison
Dec 31, 2024