Knife River Corporation (KNF)
Debt-to-equity 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 | 1,476,080 | 1,266,010 | 1,027,460 | 952,844 | — |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,476,080K
= 0.00
Knife River Corporation's debt-to-equity ratio has shown a consistent trend of 0.00 from December 31, 2021, to December 31, 2024. This indicates that the company has no debt relative to its equity during these years. A debt-to-equity ratio of 0.00 signifies that the company relies solely on equity financing rather than debt to fund its operations and investments. This low ratio suggests a conservative financial structure and lower financial risk for the company, as it is not heavily leveraging its operations with debt. The stability of the debt-to-equity ratio at 0.00 over the years reflects a prudent financial management strategy by Knife River Corporation, emphasizing financial stability and potentially reducing the overall cost of capital.
Peer comparison
Dec 31, 2024