Matson Inc (MATX)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,652,000K
= 0.00

The debt-to-equity ratio for Matson Inc has been consistently reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not been relying heavily on debt to finance its operations and investments, as its debt levels are negligible compared to its equity. A debt-to-equity ratio of 0.00 typically suggests that the company has either zero or very minimal debt relative to its equity, which can be seen as a positive sign of financial stability and a lower risk of financial distress. However, it's essential to consider other factors such as the industry norms, the company's overall financial health, and its growth plans to gain a more comprehensive understanding of its capital structure and financial risk management practices.