Chord Energy Corp (CHRD)
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 | 8,702,260 | 5,076,620 | 4,679,800 | 1,032,900 | 915,942 |
| 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 ÷ $8,702,260K
= 0.00
Chord Energy Corp has consistently maintained a debt-to-equity ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this time frame. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are equal to or lower than its total equity, implying a conservative capital structure reliant more on equity financing. While a lower debt-to-equity ratio generally indicates lower financial risk and less dependence on debt, it may also suggest missed opportunities for leveraging debt to potentially enhance returns, as debt financing can be cheaper than equity. Overall, Chord Energy Corp's consistent debt-free status may reflect a cautious approach to financial leverage, which could provide stability but potentially limit growth opportunities.
Peer comparison
Dec 31, 2024