CF Industries Holdings Inc (CF)
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 | 4,985,000 | 5,717,000 | 5,051,000 | 3,206,000 | 2,922,000 |
| 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 + $4,985,000K)
= 0.00
Based on the data provided for CF Industries Holdings Inc, the debt-to-capital ratio has consistently remained at 0.00 for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. A debt-to-capital ratio of 0.00 indicates that the company has not used any debt capital in its capital structure during these years. This implies that the company has funded its operations and investments solely through equity financing or retained earnings, without resorting to external borrowing. Overall, a low or zero debt-to-capital ratio may suggest a conservative financial strategy, minimal financial risk, and a strong financial position, as the company does not have significant debt obligations relative to its capital base.
Peer comparison
Dec 31, 2024