ConocoPhillips (COP)

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
Total stockholders’ equity US$ in thousands 64,796,000 49,881,000 49,745,000 49,325,000 49,279,000 47,745,000 47,531,000 47,783,000 48,003,000 49,079,000 50,202,000 49,218,000 45,406,000 44,115,000 44,276,000 29,849,000 29,849,000 30,783,000 31,493,000 31,315,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 + $64,796,000K)
= 0.00

The debt-to-capital ratio of ConocoPhillips remained consistently at 0.00% for each quarter from March 31, 2020, to December 31, 2024. This indicates that ConocoPhillips has not utilized debt as a significant portion of its capital structure during this period. A debt-to-capital ratio of 0.00% suggests that the company has financed its operations primarily through equity rather than debt. This may indicate a conservative approach to capital structure and financial risk management by ConocoPhillips, as lower debt levels can lead to reduced financial risk and greater flexibility in managing cash flows and investments.


See also:

ConocoPhillips Debt to Capital (Quarterly Data)