CF Industries Holdings Inc (CF)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total assets | US$ in thousands | 13,466,000 | 14,376,000 | 13,313,000 | 12,375,000 | 12,023,000 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,466,000K
= 0.00
Based on the provided data, CF Industries Holdings Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and investments during this period. A debt-to-assets ratio of 0.00 implies that the company's total liabilities are equal to zero or negligible compared to its total assets. This suggests that CF Industries Holdings Inc has a strong financial position, as it has a low level of debt relative to its total assets, which may indicate lower financial risk and greater financial stability.
Peer comparison
Dec 31, 2024