Kaiser Aluminum Corporation (KALU)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 668,000 | 652,200 | 631,200 | 692,500 | 732,400 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $668,000K)
= 0.00
The debt-to-capital ratio for Kaiser Aluminum Corporation has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has not utilized debt to finance its operations and growth, as its total debt represents zero percent of its total capital, which includes both debt and equity. A debt-to-capital ratio of 0.00 indicates that the company relies solely on equity financing, which may be perceived positively as it signifies a lower financial risk due to the absence of debt obligations. However, it is important to consider the context of the industry and the company's future plans to assess whether this financial strategy aligns with its long-term objectives.
Peer comparison
Dec 31, 2024