Chord Energy Corp (CHRD)
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 | 8,702,260 | 5,076,620 | 4,679,800 | 1,032,900 | 915,942 |
| 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 + $8,702,260K)
= 0.00
The debt-to-capital ratio of Chord Energy Corp has consistently remained at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. Having a debt-to-capital ratio of 0.00% suggests that the company is primarily financing its operations through equity rather than debt. Chord Energy Corp's low debt-to-capital ratio implies a lower financial risk and may indicate a conservative financial strategy or strong cash reserves. It also signifies that the company may have a higher level of financial flexibility and may be less susceptible to financial distress associated with high levels of debt.
Peer comparison
Dec 31, 2024