Knife River Corporation (KNF)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,476,100K
= 0.00
The debt-to-equity ratio for Knife River Corporation remains consistently at 0.00 for all the reported periods from December 31, 2022, to December 31, 2024. A low or zero debt-to-equity ratio indicates that the company is primarily financed through equity rather than debt. In this case, Knife River Corporation seems to have no long-term debt or very minimal debt relative to its equity, suggesting a stronger financial position with less financial risk. This stable ratio over time could indicate a conservative financing strategy and efficient management of capital structure.
Peer comparison
Dec 31, 2024