Materion Corporation (MTRN)
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 | 407,734 | 457,756 | 445,990 | 428,710 | 387,576 | 425,428 | 412,733 | 405,482 | 410,876 | 474,280 | 481,965 | 479,821 | 434,388 | 79,036 | 58,838 | 51,407 | 36,542 | 6,374 | 0 | 1,126 |
| Total assets | US$ in thousands | 1,697,630 | 1,857,020 | 1,803,880 | 1,805,180 | 1,762,730 | 1,748,600 | 1,737,710 | 1,717,980 | 1,691,980 | 1,702,320 | 1,703,110 | 1,666,910 | 1,607,480 | 1,182,660 | 1,141,500 | 1,098,270 | 1,057,860 | 1,084,810 | 1,041,220 | 846,076 |
| Debt-to-assets ratio | 0.24 | 0.25 | 0.25 | 0.24 | 0.22 | 0.24 | 0.24 | 0.24 | 0.24 | 0.28 | 0.28 | 0.29 | 0.27 | 0.07 | 0.05 | 0.05 | 0.03 | 0.01 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $407,734K ÷ $1,697,630K
= 0.24
The debt-to-assets ratio of Materion Corporation has been relatively low and stable over the past few years. It remained at 0.00% for the first two quarters of 2020 before gradually increasing to 0.29% by June 30, 2022. However, it fluctuated slightly between 0.22% and 0.29% from December 31, 2022, to June 30, 2024. Overall, the company's debt levels relative to its total assets have remained at a manageable level, indicating a conservative approach to financing its operations and investments.