MP Materials Corp (MP)
Debt-to-capital 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 | 1,054,880 | 1,365,780 | 1,312,630 | 1,008,730 | 853,877 |
| Debt-to-capital ratio | 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 + $1,054,880K)
= 0.00
The debt-to-capital ratio of MP Materials Corp has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its capital structure during this period. A low or zero debt-to-capital ratio can imply a strong financial position with low financial risk, as the company is not relying heavily on debt to finance its operations or growth. It suggests that the company may be funding its operations and investments primarily through equity or other sources of capital. It also indicates that the company may have a solid ability to meet its financial obligations without being burdened by significant debt repayments. Overall, the consistently low debt-to-capital ratio reflects a stable and potentially healthy financial position for MP Materials Corp.
Peer comparison
Dec 31, 2024