Kaiser Aluminum Corporation (KALU)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 668,000 | 667,000 | 662,000 | 664,900 | 652,200 | 640,700 | 638,100 | 635,600 | 631,200 | 642,000 | 650,000 | 708,200 | 692,500 | 721,000 | 720,700 | 735,000 | 732,400 | 719,300 | 718,800 | 721,100 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $668,000K
= 0.00
The debt-to-equity ratio of Kaiser Aluminum Corporation has consistently been reported as 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt. This can signify financial stability and a lower risk profile, as the company is not heavily reliant on borrowed funds to finance its operations or investments. However, it's important to note that a very low or zero debt-to-equity ratio may also indicate underutilization of debt as a potential source of capital that could be beneficial for growth opportunities or leveraging investments. Overall, Kaiser Aluminum Corporation's consistent 0.00 debt-to-equity ratio reflects its conservative approach to capital structure and financial management.
Peer comparison
Dec 31, 2024