LyondellBasell Industries NV (LYB)
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 | 12,462,000 | 12,930,000 | 12,615,000 | 11,858,000 | 7,971,000 |
| Debt-to-equity ratio | 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 ÷ $12,462,000K
= 0.00
The debt-to-equity ratio of LyondellBasell Industries NV has been consistently recorded as 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has no debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically indicates that the company is financing its operations predominantly through equity, which can be seen as a positive sign of financial stability and low financial risk. It suggests that the company is not relying heavily on borrowing to fund its operations, making it less vulnerable to financial distress stemming from debt obligations.
Peer comparison
Dec 31, 2024