Celanese Corporation (CE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,175,000K
= 0.00
Based on the provided data, Celanese Corporation's debt-to-equity ratio has consistently been reported as 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has no debt or a negligible amount of debt relative to its equity during these years. A debt-to-equity ratio of 0.00 suggests that the company may be primarily funded by equity rather than external borrowings. While a low or zero debt-to-equity ratio can suggest a lower financial risk, it may also imply missed opportunities for leveraging debt financing for potential growth or tax benefits. It is important to consider the company's specific circumstances and industry norms when evaluating the implications of a consistently low debt-to-equity ratio.
Peer comparison
Dec 31, 2024