MP Materials Corp (MP)
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 | 1,054,880 | 1,064,540 | 1,109,040 | 1,137,750 | 1,365,780 | 1,376,070 | 1,364,930 | 1,351,800 | 1,312,630 | 1,242,310 | 1,170,740 | 1,090,370 | 1,008,730 | 954,195 | 906,625 | 875,157 | 853,877 | -10,116 | -24,742 | -18,022 |
| 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 | — | — | — |
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 indicates the proportion of the company's capital structure that is financed through debt. A ratio of 0.00 means that the company has no debt relative to its total capital. This suggests that MP Materials Corp relies primarily on equity financing rather than debt to fund its operations and expansion. A consistent debt-to-capital ratio of 0.00 over multiple periods reflects a strong financial position with low financial leverage, indicating lower financial risk and potential stability in the company's operations. Investors and stakeholders may view this as a positive indicator of the company's financial health and ability to manage its debt obligations effectively.
Peer comparison
Dec 31, 2024