Warrior Met Coal Inc (HCC)
Debt-to-assets 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 | 153,612 | 153,460 | 153,312 | 153,166 | 153,023 | 152,883 | 295,311 | 295,051 | 302,588 | 303,916 | 340,356 | 340,078 | 339,806 | 340,491 | 380,292 | 380,098 | 379,908 | 379,722 | 379,541 | 409,363 |
| Total assets | US$ in thousands | 2,591,520 | 2,580,450 | 2,560,860 | 2,478,590 | 2,357,060 | 2,219,250 | 2,244,080 | 2,150,990 | 2,028,100 | 1,935,280 | 1,898,920 | 1,643,350 | 1,464,210 | 1,344,610 | 1,347,080 | 1,379,990 | 1,393,940 | 1,391,010 | 1,397,190 | 1,439,170 |
| Debt-to-assets ratio | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.13 | 0.14 | 0.15 | 0.16 | 0.18 | 0.21 | 0.23 | 0.25 | 0.28 | 0.28 | 0.27 | 0.27 | 0.27 | 0.28 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $153,612K ÷ $2,591,520K
= 0.06
Warrior Met Coal Inc has consistently maintained a relatively low debt-to-assets ratio over the past few years, indicating a strong financial position in terms of debt management. The ratio decreased from 0.28 in March 2020 to 0.06 by December 2024, showcasing a steady decline in the proportion of debt relative to total assets. This downward trend suggests that the company has been gradually reducing its reliance on debt financing to fund its operations and investments, which can enhance its financial stability and resilience in the long run. Overall, the decreasing debt-to-assets ratio for Warrior Met Coal Inc reflects a positive trend in terms of its debt management and financial health.
Peer comparison
Dec 31, 2024