Core Natural Resources, Inc. (CNR)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.94 | 1.99 | 2.32 | 2.19 | 12.40 |
Core Natural Resources, Inc. has consistently maintained a strong solvency position as indicated by its solvency ratios. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have all been consistently at 0.00 over the last five years. This suggests that the company has no significant debt relative to its assets, capital, or equity during this period.
Additionally, the Financial leverage ratio has shown a decreasing trend from 12.40 in 2020 to 1.94 in 2024. This declining trend indicates that the company has been effectively reducing its financial leverage over the years, which is a positive sign of financial health and stability.
Overall, based on the solvency ratios analyzed, Core Natural Resources, Inc. appears to have a very strong financial position with minimal debt relative to its assets and equity, along with reducing financial leverage over time. This indicates that the company is capable of meeting its financial obligations and is less reliant on debt to fund its operations.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 15.90 | 27.53 | 11.80 | 1.56 | 0.85 |
Core Natural Resources, Inc.'s interest coverage has fluctuated over the past five years. In 2020, the interest coverage was low at 0.85, indicating that the company was barely able to cover its interest expenses with its operating income. However, there has been a significant improvement in the following years, with the interest coverage increasing to 1.56 in 2021, 11.80 in 2022, 27.53 in 2023, and then dropping slightly to 15.90 in 2024.
The upward trend in interest coverage from 2020 to 2023 is a positive sign, showing that the company's ability to cover its interest payments has strengthened significantly. This improvement suggests that Core Natural Resources, Inc. has been generating more operating income relative to its interest expenses, which is generally viewed favorably by investors and creditors. The slight decrease in 2024 could be due to various factors such as changes in interest rates, operating income, or debt levels, and would warrant further investigation to understand the reason behind the drop.
Overall, the improving trend in Core Natural Resources, Inc.'s interest coverage ratio indicates a stronger financial position and better ability to meet its interest obligations, which can enhance the company's financial stability and creditworthiness.