International Paper (IP)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 22,800,000 | 23,261,000 | 23,940,000 | 25,243,000 | 31,718,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $22,800,000K
= 0.00
The debt-to-assets ratio of International Paper has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a significant source of funding in relation to its total assets during this period. A low debt-to-assets ratio suggests that the company may have a conservative financing strategy, relying more on equity and internal funds to support its operations and investments. It also indicates a strong financial position and lower financial risk, as the company is not overly leveraged.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
International Paper
IP
0.00
Mativ Holdings Inc.
MATV
0.00
Sylvamo Corp
SLVM
0.00