Matson Inc (MATX)
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 | 2,652,000 | 2,556,700 | 2,398,500 | 2,373,800 | 2,400,700 | 2,390,300 | 2,290,000 | 2,270,300 | 2,296,900 | 2,298,600 | 2,133,600 | 1,910,700 | 1,667,400 | 1,344,800 | 1,172,800 | 1,028,900 | 961,200 | 891,800 | 815,500 | 800,200 |
| 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 + $2,652,000K)
= 0.00
The debt-to-capital ratio of Matson Inc has been consistently reported as 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that Matson Inc has financed its operations entirely through equity, signaling a low financial risk as there is no debt to repay and no interest payments to make. This may indicate a conservative approach to capital structure management, emphasizing financial stability and minimizing potential financial distress related to debt obligations. However, it is also essential to consider the possible implications of an all-equity financing structure on the company's cost of capital and overall financial flexibility.
Peer comparison
Dec 31, 2024