Warrior Met Coal Inc (HCC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 2,090,820 | 2,086,830 | 2,048,390 | 1,978,200 | 1,874,450 | 1,745,210 | 1,661,300 | 1,578,290 | 1,447,520 | 1,347,630 | 1,291,060 | 1,018,610 | 871,983 | 735,363 | 698,154 | 700,303 | 725,241 | 759,711 | 774,963 | 785,122 |
| Financial leverage ratio | 1.24 | 1.24 | 1.25 | 1.25 | 1.26 | 1.27 | 1.35 | 1.36 | 1.40 | 1.44 | 1.47 | 1.61 | 1.68 | 1.83 | 1.93 | 1.97 | 1.92 | 1.83 | 1.80 | 1.83 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,591,520K ÷ $2,090,820K
= 1.24
The financial leverage ratio of Warrior Met Coal Inc has shown a consistent downward trend from 1.83 in March 2020 to 1.24 in December 2024. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments over the period. A lower financial leverage ratio generally suggests a lower risk of financial distress, as the company is using less debt relative to its equity to fund its activities. Warrior Met Coal Inc's decreasing financial leverage ratio may imply improved financial stability and a stronger financial position over the years. It is important to note that a declining trend in the financial leverage ratio could also indicate slower growth in the company's assets or profitability.
Peer comparison
Dec 31, 2024