Core Natural Resources, Inc. (CNR)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | 342,110 | 413,645 | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,879,540 | 7,439,390 | 7,370,670 | 2,680,120 | 2,675,000 | 2,659,520 | 2,678,350 | 2,695,310 | 2,704,380 | 2,722,280 | 6,438,460 | 6,031,660 | 5,827,460 | 5,731,100 | 5,254,060 | 5,528,310 | 5,478,490 | 5,474,980 | 5,337,840 | 5,392,430 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,879,540K
= 0.00
Core Natural Resources, Inc. has maintained a consistently low debt-to-assets ratio over the past few years. As of December 31, 2022, the ratio increased slightly to 0.13, indicating that the company's level of debt relative to its total assets has risen marginally. However, this level is still relatively low, suggesting that Core Natural Resources, Inc. relies more on equity financing rather than debt to fund its operations and investments. Subsequently, in the following periods, the debt-to-assets ratio returned to 0.00, illustrating that the company has effectively managed its debt levels in relation to its asset base. This trend implies that the company has a conservative capital structure and may have lower financial risk compared to firms with higher debt ratios.
Peer comparison
Dec 31, 2024