ConocoPhillips (COP)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $64,796,000K
= 0.00
The debt-to-equity ratio for ConocoPhillips has been consistently at 0.00 for the periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a very minimal amount of debt in relation to its equity. This implies that ConocoPhillips is primarily financed by equity rather than debt, which can be seen as a positive indicator of financial strength and stability. A low or zero debt-to-equity ratio suggests that the company has a lower financial risk and may have more flexibility in managing its capital structure. Overall, for ConocoPhillips, the consistent 0.00 debt-to-equity ratio reflects a conservative approach to capital structure and a strong financial position.
Peer comparison
Dec 31, 2024