Warrior Met Coal Inc (HCC)

Solvency ratios

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
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
Debt-to-capital ratio 0.07 0.07 0.07 0.07 0.08 0.08 0.15 0.16 0.17 0.18 0.21 0.25 0.28 0.32 0.35 0.35 0.34 0.33 0.33 0.34
Debt-to-equity ratio 0.07 0.07 0.07 0.08 0.08 0.09 0.18 0.19 0.21 0.23 0.26 0.33 0.39 0.46 0.54 0.54 0.52 0.50 0.49 0.52
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

Warrior Met Coal Inc's solvency ratios demonstrate a positive trend over the years, indicating improved financial health and stability. The Debt-to-Assets ratio has steadily decreased from 0.28 in March 2020 to 0.06 by December 2024, signaling that the company is effectively managing its debt in relation to its total assets.

Similarly, the Debt-to-Capital ratio has shown a consistent decline, starting at 0.34 in March 2020 and reaching 0.07 by December 2024. This reduction suggests that Warrior Met Coal has been successful in reducing its debt relative to its total capital, which is a positive sign for investors and lenders.

Furthermore, the Debt-to-Equity ratio has seen a significant drop from 0.52 in March 2020 to 0.07 by December 2024, indicating a substantial decrease in the company's reliance on debt financing compared to equity. This trend reflects positively on the company's financial stability and ability to generate shareholder value.

The Financial Leverage ratio has also witnessed a consistent decline, falling from 1.83 in March 2020 to 1.24 by December 2024. This indicates that Warrior Met Coal has been successful in reducing its financial leverage over time, which is advantageous in mitigating financial risk and enhancing long-term sustainability.

Overall, Warrior Met Coal Inc's solvency ratios demonstrate a positive trajectory, showcasing the company's prudent financial management and improved solvency position over the years.

Coverage ratios

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
Interest coverage 61.59 109.84 175.23 202.22 61.95 56.65 56.54 83.70 244.04 246.33 210.34 105.20 62.79 6.20 -15.76 -21.01 -13.65 17.62 42.54 112.08

Warrior Met Coal Inc's interest coverage ratio has experienced fluctuations over the periods. The interest coverage ratio measures the company's ability to meet its interest obligations with its earnings before interest and taxes (EBIT).

From March 31, 2020, to March 31, 2022, Warrior Met Coal Inc's interest coverage showed strong performance, with the ratio consistently above 100, indicating a healthy ability to cover its interest expenses with its operating income. This suggests a strong financial position and a low risk of default on its debt obligations during this period.

However, from December 31, 2022, to December 31, 2024, there was a decline in the interest coverage ratio, falling to 61.59 by the end of December 2024. This decrease could signal a weakening ability to cover interest expenses with operating income, potentially indicating higher financial risk for the company.

Overall, Warrior Met Coal Inc's interest coverage ratio has shown both strengths and weaknesses over the periods, and investors and stakeholders should closely monitor this ratio to assess the company's ability to manage its debt obligations effectively.