Metallus, Inc (MTUS)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,116,700 | 1,133,400 | 1,120,400 | 1,165,800 | 1,240,000 | 1,153,800 | 1,148,500 | 1,135,300 | 1,140,600 | 1,122,300 | 1,217,300 | 1,186,000 | 1,257,200 | 1,116,400 | 1,063,100 | 1,048,100 | 994,000 | 983,700 | 1,003,700 | 1,070,000 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,116,700K
= 0.00
The debt-to-assets ratio of Metallus, Inc has consistently been reported as 0.00 over the analyzed period from March 31, 2020 to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this time frame. A debt-to-assets ratio of zero suggests that the company's assets are entirely financed by equity, which can imply a strong financial position and low financial risk. It also indicates that the company is not relying on debt to fund its operations or expansion. However, it is important to note that a low debt-to-assets ratio may also signify missed opportunities for leveraging debt for potential growth or tax advantages. Overall, the consistent 0.00 debt-to-assets ratio for Metallus, Inc suggests a conservative financial strategy with minimal reliance on debt as a source of financing.
Peer comparison
Dec 31, 2024