Matson Inc (MATX)
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 | 2,652,000 | 2,400,700 | 2,296,900 | 1,667,400 | 961,200 |
| 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 ÷ $2,652,000K
= 0.00
Matson Inc's debt-to-equity ratio for the years 2020 to 2024 remained constant at 0.00, indicating that the company had zero debt relative to its equity during this period. This suggests that Matson Inc financed its operations primarily through equity rather than debt, which may indicate a conservative financing approach and lower financial risk. An extremely low debt-to-equity ratio can also indicate a strong financial position and ability to weather economic uncertainties or market fluctuations. However, it is important to note that a very low debt-to-equity ratio can also signal limited access to financial leverage for potential growth opportunities. Overall, Matson Inc's consistent 0.00 debt-to-equity ratio reflects a stable and potentially risk-averse capital structure during these years.
Peer comparison
Dec 31, 2024