Warrior Met Coal Inc (HCC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 153,612 | 153,023 | 302,588 | 339,806 | 379,908 |
| Total stockholders’ equity | US$ in thousands | 2,090,820 | 1,874,450 | 1,447,520 | 871,983 | 725,241 |
| Debt-to-capital ratio | 0.07 | 0.08 | 0.17 | 0.28 | 0.34 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $153,612K ÷ ($153,612K + $2,090,820K)
= 0.07
Based on the provided data, Warrior Met Coal Inc's debt-to-capital ratio has exhibited a downward trend over the five-year period from December 31, 2020, to December 31, 2024. The ratio decreased from 0.34 in 2020 to 0.07 in 2024. This indicates that the company's reliance on debt relative to its total capital has decreased significantly over this period. A decreasing trend in the debt-to-capital ratio can be seen as a positive indicator of the company's financial health and lower risk associated with its debt obligations. It suggests that Warrior Met Coal Inc has been able to manage its debt levels effectively and may have improved its financial position by reducing debt or increasing equity capital over the years.
Peer comparison
Dec 31, 2024