Celanese Corporation (CE)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,175,000 | 7,091,000 | 5,637,000 | 4,189,000 | 3,526,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,175,000K)
= 0.00
Celanese Corporation has consistently maintained a debt-to-capital ratio of 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not relied heavily on debt financing to fund its operations and investments during this period. A debt-to-capital ratio of 0.00% suggests that Celanese Corporation has a strong capital structure with a significant portion of its capital coming from equity rather than debt. This can be seen as a positive sign of financial stability and a lower risk of financial distress due to debt obligations. The company's ability to effectively manage its capital structure reflects prudent financial management and may enhance investor confidence in its long-term financial health.
Peer comparison
Dec 31, 2024