Comstock Resources Inc (CRK)
Debt-to-equity 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-equity ratio | 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 ÷ $2,241,020K
= 0.00
Comstock Resources Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or minimal debt compared to its equity, suggesting a low-risk financial structure. This may be viewed positively by investors and creditors as it signifies a lower financial risk and a stronger financial position for the company. However, it is important to consider other factors such as the nature of the industry and the company's future growth plans when assessing the significance of this ratio.
Peer comparison
Dec 31, 2024