Comstock Resources Inc (CRK)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,241,020 | 2,358,410 | 2,278,310 | 1,187,780 | 1,441,770 |
| Debt-to-capital ratio | 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 + $2,241,020K)
= 0.00
The debt-to-capital ratio of Comstock Resources Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which may indicate strong financial health and stability. It also implies that the company may have lower financial risk and less reliance on debt financing. However, it's important to consider other financial ratios and qualitative factors to assess the company's overall financial position comprehensively.
Peer comparison
Dec 31, 2024