DT Midstream Inc (DTM)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,627,000 | 4,218,000 | 4,197,000 | 4,166,000 | 4,139,000 | 4,079,000 | 4,052,000 | 4,023,000 | 4,007,000 | 3,978,000 | 3,923,000 | 3,890,000 | 3,872,000 | 3,839,000 | 3,830,000 | 3,888,000 | 4,073,000 |
| Debt-to-capital 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,627,000K)
= 0.00
The debt-to-capital ratio of DT Midstream Inc has remained consistently at 0.00 across all reporting periods from December 31, 2020, to December 31, 2024. This signifies that the company has not utilized any debt to finance its operations and investments relative to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the firm may be relying solely on equity financing, indicating a lower financial risk and potential stability in its capital structure. However, it's important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and leverage position.
Peer comparison
Dec 31, 2024