Comstock Resources Inc (CRK)
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 | 2,241,020 | 2,295,270 | 2,320,320 | 2,445,960 | 2,358,410 | 2,282,760 | 2,300,190 | 2,380,180 | 2,278,310 | 1,794,420 | 1,446,280 | 1,073,520 | 1,187,780 | 830,281 | 1,122,410 | 1,304,990 | 1,441,770 | 1,362,680 | 1,317,500 | 1,556,480 |
| 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 ÷ $2,241,020K
= 0.00
Comstock Resources Inc has consistently maintained a debt-to-equity ratio of 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has been operating with no debt relative to its equity. A debt-to-equity ratio of 0.00 typically suggests that the company is financing its operations primarily through equity rather than debt. This may imply a lower financial risk as the company is not highly leveraged. However, it is essential to consider the industry norms and company's specific circumstances to fully evaluate the implications of this ratio on Comstock Resources Inc's financial health and performance.
Peer comparison
Dec 31, 2024