Core Natural Resources, Inc. (CNR)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,568,250 | 796,763 | 1,294,250 | 1,388,820 | 1,343,440 | 1,308,790 | 1,335,200 | 1,280,900 | 1,165,830 | 916,445 | 1,746,850 | 1,359,120 | 1,176,340 | 1,112,060 | 479,247 | 457,647 | 441,805 | 420,290 | 378,212 | 347,888 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.31 | 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-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 been consistently low, indicating a conservative financial leverage strategy. As of September 30, 2022, there was a slight increase in the ratio to 0.31, suggesting a small portion of the company's capital structure was funded by debt. However, this ratio declined to 0.23 by December 31, 2022, and remained stable at relatively low levels thereafter. The low debt-to-capital ratio signifies that the company relies more on equity financing rather than debt to fund its operations and growth, which may indicate lower financial risk and potential resilience to economic downturns.
Peer comparison
Dec 31, 2024