Knife River Corporation (KNF)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,476,100 | 1,448,930 | 1,298,710 | 1,218,630 | 1,266,000 | 1,243,020 | 1,094,900 | 974,769 | 1,027,460 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $1,476,100K)
= 0.00
The debt-to-capital ratio of Knife River Corporation has consistently been reported as 0.00% for the periods ending from December 31, 2022, to December 31, 2024. This indicates that the company has not utilized any debt for its capital structure during these periods, as its capital has been entirely financed by equity. A debt-to-capital ratio of 0.00% suggests a relatively low financial risk, as the absence of debt implies a lower interest burden and potentially lower financial leverage. However, it is important to consider the complete financial picture of the company, including other financial ratios and metrics, to gain a comprehensive understanding of its financial health and performance.
Peer comparison
Dec 31, 2024