HF Sinclair Corp (DINO)

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 9,346,000 9,603,680 9,889,930 10,208,300 10,169,100 9,824,680 9,708,950 9,270,660 9,243,820 9,015,280 9,109,710 8,116,230 5,687,880 5,726,740 5,443,380 5,259,190 5,168,360 5,336,140 5,382,580 5,594,160
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 ÷ $9,346,000K
= 0.00

HF Sinclair Corp has consistently maintained a debt-to-equity ratio of 0.00 across all reporting periods from March 31, 2020 to December 31, 2024. This indicates that the company has no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 often suggests that the company is using exclusively its equity to finance its operations and growth, signifying a lower financial risk and a solid financial position. It is important to note that a low or zero debt-to-equity ratio may not always be optimal, as a moderate level of debt can be beneficial in leveraging investments and potentially increasing returns for shareholders.