Martin Marietta Materials Inc (MLM)
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 | 9,456,000 | 9,169,000 | 8,838,000 | 8,875,000 | 8,033,200 | 7,804,800 | 7,423,400 | 7,177,500 | 7,172,800 | 6,935,700 | 6,770,000 | 6,428,900 | 6,537,600 | 6,355,900 | 6,125,900 | 5,926,700 | 5,893,300 | 5,756,400 | 5,491,100 | 5,296,900 |
| 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 + $9,456,000K)
= 0.00
The debt-to-capital ratio of Martin Marietta Materials Inc has consistently been at 0.00 for the periods indicated from March 31, 2020, to December 31, 2024. This suggests that the company has not utilized any debt in its capital structure during these periods. A debt-to-capital ratio of 0.00 indicates that the company's capital is primarily funded by equity rather than debt. This could imply that the company has a strong financial position with little reliance on borrowing to fund its operations or expansion. It also indicates low financial risk associated with debt repayment obligations.
Peer comparison
Dec 31, 2024