Koppers Holdings Inc (KOP)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,890,200 | 1,835,500 | 1,711,400 | 1,661,900 | 1,598,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,890,200K
= 0.00
The debt-to-assets ratio for Koppers Holdings Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its assets during this period, which can be viewed positively as it suggests a lower financial risk and a higher level of financial stability. However, it is important to note that a very low debt-to-assets ratio may also imply missed opportunities for leveraging debt for potential growth or may signify other underlying financial strategies in place.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Koppers Holdings Inc
KOP
0.00
Louisiana-Pacific Corporation
LPX
0.14
Trex Company Inc
TREX
0.00