Celanese Corporation (CE)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 5,175,000 | 7,274,000 | 7,166,000 | 7,071,000 | 7,091,000 | 6,491,000 | 5,624,000 | 5,661,000 | 5,637,000 | 4,950,000 | 4,880,000 | 4,607,000 | 4,189,000 | 3,919,000 | 3,798,000 | 3,542,000 | 3,526,000 | 2,508,000 | 2,487,000 | 2,448,000 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,175,000K
= 0.00
The debt-to-equity ratio for Celanese Corporation has consistently been reported as 0.00 throughout the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any long-term debt during these periods, or if there is any debt, it is minimal compared to its equity. A debt-to-equity ratio of 0.00 can be interpreted as a sign of a strong financial position with lower financial risk, as the company is primarily funded through equity rather than debt. It suggests that Celanese Corporation has been relying more on equity financing to support its operations and growth, which may be viewed positively by investors and creditors. However, it is important to note that a low or zero debt-to-equity ratio may also imply that the company is not taking advantage of leverage to potentially enhance returns for shareholders. Overall, the consistently low debt-to-equity ratio reflects the company's conservative approach to capital structure and financial management.
Peer comparison
Dec 31, 2024