Core Natural Resources, Inc. (CNR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,036,610 | 2,675,000 | 2,704,380 | 2,573,520 | 5,478,490 |
| Total stockholders’ equity | US$ in thousands | 1,568,250 | 1,343,440 | 1,165,830 | 1,176,340 | 441,805 |
| Financial leverage ratio | 1.94 | 1.99 | 2.32 | 2.19 | 12.40 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,036,610K ÷ $1,568,250K
= 1.94
The financial leverage ratio of Core Natural Resources, Inc. has shown a significant decline over the years, decreasing from 12.40 in December 2020 to 1.94 in December 2024. This indicates that the company has been reducing its reliance on debt financing in relation to its equity, which may suggest a strengthening financial position and improved solvency. The decreasing trend in the financial leverage ratio signals a positive sign of lower financial risk and potentially lower interest expense, leading to better financial stability for the company. It is important to continue monitoring this ratio to ensure sustainable financial health and effective capital structure management.
Peer comparison
Dec 31, 2024