Warrior Met Coal Inc (HCC)
Debt-to-equity 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-equity ratio | 0.07 | 0.08 | 0.21 | 0.39 | 0.52 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $153,612K ÷ $2,090,820K
= 0.07
Warrior Met Coal Inc's debt-to-equity ratio has shown a declining trend over the past five years, indicating improved financial stability and a stronger capital structure. Starting at 0.52 in 2020, the ratio has decreased consistently to 0.07 in 2024. This signifies that the company has been reducing its reliance on debt financing in relation to equity, which can be viewed positively by investors and creditors. A decreasing trend in the debt-to-equity ratio suggests that Warrior Met Coal Inc has been effectively managing its debt levels and possibly strengthening its financial position over the years.
Peer comparison
Dec 31, 2024