Crown Holdings Inc (CCK)
Debt-to-capital 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 | 6,058,000 | 6,672,000 | 5,949,000 | 6,623,000 | 6,699,000 | 6,240,000 | 6,986,000 | 7,046,000 | 6,792,000 | 6,709,000 | 5,466,000 | 5,654,000 | 6,052,000 | 6,034,000 | 7,879,000 | 7,875,000 | 8,023,000 | 8,039,000 | 7,999,000 | 8,631,000 |
| Total stockholders’ equity | US$ in thousands | 2,756,000 | 2,532,000 | 2,507,000 | 2,470,000 | 2,410,000 | 2,341,000 | 2,235,000 | 2,030,000 | 1,849,000 | 1,666,000 | 1,739,000 | 1,820,000 | 1,912,000 | 2,444,000 | 2,262,000 | 2,377,000 | 2,198,000 | 1,909,000 | 1,815,000 | 1,664,000 |
| Debt-to-capital ratio | 0.69 | 0.72 | 0.70 | 0.73 | 0.74 | 0.73 | 0.76 | 0.78 | 0.79 | 0.80 | 0.76 | 0.76 | 0.76 | 0.71 | 0.78 | 0.77 | 0.78 | 0.81 | 0.82 | 0.84 |
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 of Crown Holdings Inc has shown a gradual decline over the past five years, indicating a favorable trend towards lower reliance on debt financing relative to its total capital. The ratio decreased from 0.84 as of March 31, 2020, to 0.69 as of December 31, 2024, with some fluctuations along the way. This decreasing trend suggests that Crown Holdings Inc has been effectively managing its debt levels in relation to its capital structure. A lower debt-to-capital ratio typically indicates a stronger financial position and lower financial risk for the company.
Peer comparison
Dec 31, 2024