Comstock Resources Inc (CRK)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 6,382,100 | 6,253,620 | 5,694,260 | 4,668,230 | 4,623,980 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,382,100K
= 0.00
Comstock Resources Inc's debt-to-assets ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not incurred any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has a strong financial position and is not heavily reliant on debt to finance its operations or investments. It may imply that the company is able to fund its operations primarily through equity or other sources of capital. However, it's important to note that a low debt-to-assets ratio does not provide a complete picture of the company's overall financial health and should be assessed in conjunction with other financial metrics and qualitative factors.
Peer comparison
Dec 31, 2024