Nucor Corp (NUE)
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 | 33,940,000 | 34,346,200 | 34,185,200 | 33,932,500 | 35,340,500 | 34,267,800 | 33,379,900 | 32,246,400 | 32,479,200 | 32,072,700 | 31,668,500 | 28,632,900 | 25,823,100 | 24,949,500 | 22,995,600 | 21,172,400 | 20,125,400 | 19,519,300 | 18,766,000 | 17,866,100 |
| 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 ÷ $33,940,000K
= 0.00
The debt-to-assets ratio of Nucor Corp has consistently been reported as 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that Nucor Corp has not incurred any debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, without any reliance on debt financing. This can be considered a positive indicator of financial stability and sound capital structure. Nucor Corp's ability to maintain a debt-to-assets ratio of 0.00 may reflect the company's conservative approach to managing its financial obligations and preserving a strong balance sheet position. Overall, the consistent low debt-to-assets ratio of 0.00 suggests that Nucor Corp has effectively managed its debt levels and maintained a healthy financial position over the specified timeframe.
Peer comparison
Dec 31, 2024