Koppers Holdings Inc (KOP)
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 | 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 | 488,700 | 532,300 | 509,200 | 505,800 | 498,900 | 472,000 | 452,600 | 430,600 | 399,400 | 368,900 | 375,300 | 418,900 | 406,600 | 396,400 | 411,800 | 376,700 | 341,700 | 281,400 | 175,900 | 99,100 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $488,700K)
= 0.00
The data for Koppers Holdings Inc's debt-to-capital ratio shows consistent and stable values of 0.00 for all quarters from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during this period. This suggests that Koppers Holdings Inc has been financing its operations primarily through equity rather than debt.
Having a debt-to-capital ratio of 0.00 can be seen as a positive indicator, as it implies that the company is not relying on debt to fund its operations or investments. This may indicate a lower risk level associated with potential financial distress due to debt obligations. It also reflects a strong financial position and stability, as the company does not have interest expenses to worry about and can potentially reinvest earnings back into the business.
However, it is important to note that while a low or zero debt-to-capital ratio can be favorable, it may also suggest a missed opportunity to leverage debt for potential strategic growth or tax advantages. It would be essential for Koppers Holdings Inc to evaluate its capital structure periodically to ensure an optimal mix of debt and equity financing that aligns with its strategic objectives and risk tolerance.
Peer comparison
Dec 31, 2024