Kaiser Aluminum Corporation (KALU)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,314,900 | 2,311,400 | 2,315,700 | 2,299,800 | 2,267,400 | 2,268,100 | 2,267,500 | 2,329,700 | 2,288,800 | 2,373,600 | 2,461,700 | 2,541,400 | 2,422,400 | 2,437,200 | 2,414,500 | 2,152,800 | 1,864,700 | 1,847,000 | 1,848,400 | 1,553,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,314,900K
= 0.00
Based on the data provided, Kaiser Aluminum Corporation's debt-to-assets ratio has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations and investments, or that the level of debt relative to its total assets is negligible.
A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position and may be relying more on equity financing or internally generated funds. This low ratio could be viewed positively by investors and creditors as it signifies that the company is not heavily burdened by debt obligations, reducing financial risk.
In summary, Kaiser Aluminum Corporation's debt-to-assets ratio of 0.00 over the years reflects a conservative approach to capital structure and financial management, positioning the company favorably in terms of financial stability and risk management.
Peer comparison
Dec 31, 2024