Core Natural Resources, Inc. (CNR)
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 | 1,568,250 | 1,343,440 | 1,165,830 | 1,176,340 | 441,805 |
| 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 + $1,568,250K)
= 0.00
The debt-to-capital ratio of Core Natural Resources, Inc. has consistently remained at 0.00 for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital consists entirely of equity, which may suggest a conservative financial strategy focusing on equity financing rather than taking on debt to fund its operations or expansion. While a low debt-to-capital ratio can be viewed positively, it is important to consider the overall financial health and balance of the company's capital structure to assess its long-term sustainability and growth potential.
Peer comparison
Dec 31, 2024