Martin Marietta Materials Inc (MLM)

Debt-to-assets 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 assets US$ in thousands 18,170,000 16,469,000 16,333,000 16,240,000 15,479,700 14,917,800 15,246,200 14,890,900 14,993,600 14,729,700 14,542,800 14,241,500 14,393,000 13,786,200 11,223,100 10,659,300 10,580,800 10,435,400 10,226,600 10,503,400
Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $18,170,000K
= 0.00

The debt-to-assets ratio for Martin Marietta Materials Inc has consistently been 0.00 over the period from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has not used any debt to finance its assets during this period. This implies that the company's assets are primarily financed by equity, which can be seen as a positive sign of financial stability and strength. The consistent 0.00 debt-to-assets ratio may suggest that Martin Marietta Materials Inc has a conservative capital structure and is not overly reliant on debt to support its operations and investments.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Martin Marietta Materials Inc
MLM
0.00
Knife River Corporation
KNF
0.00
MDU Resources Group Inc
MDU
0.00
Vulcan Materials Company
VMC
0.00