Materion Corporation (MTRN)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	868,881	931,895	907,085	889,923	885,053	871,968	847,123	821,994	799,990	766,677	749,154	730,964	720,440	697,428	681,701	661,336	655,630	644,172	638,356	630,769
Debt-to-equity ratio		0.47	0.49	0.49	0.48	0.44	0.49	0.49	0.49	0.51	0.62	0.64	0.66	0.60	0.11	0.09	0.08	0.06	0.01	0.00	0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $407,734K ÷ $868,881K
= 0.47

The debt-to-equity ratio of Materion Corporation has been relatively stable over the past few years, starting at a low level of 0.00 in March 2020 and gradually increasing to 0.47 by December 2024. This indicates that the company has been utilizing more debt in relation to equity as time has progressed. However, it is important to note that the ratio has fluctuated within a relatively narrow range, suggesting a balanced approach to capital structure management. The increase in the ratio over the years may signal growing leverage and potential increased financial risk, which investors and stakeholders should monitor closely for its impact on the company's financial health and stability.