Celanese Corporation (CE)
Debt-to-assets 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 assets | US$ in thousands | 22,857,000 | 25,892,000 | 25,812,000 | 26,033,000 | 26,597,000 | 25,538,000 | 25,649,000 | 26,090,000 | 26,272,000 | 21,337,000 | 12,713,000 | 12,426,000 | 11,975,000 | 11,583,000 | 11,220,000 | 10,756,000 | 10,909,000 | 9,769,000 | 9,506,000 | 9,545,000 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $22,857,000K
= 0.00
The debt-to-assets ratio for Celanese Corporation has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of funding for its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's total debt is negligible compared to its total assets.
A debt-to-assets ratio of 0.00 could suggest that Celanese Corporation has a strong financial position and may have been relying more on equity financing or internal resources to support its operations and investments. However, it's essential to consider other financial metrics and factors to get a comprehensive understanding of the company's overall financial health and capital structure.
Peer comparison
Dec 31, 2024