Nucor Corp (NUE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 20,294,000 | 20,940,600 | 18,414,700 | 14,016,400 | 10,788,700 |
| Debt-to-capital ratio | 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 + $20,294,000K)
= 0.00
The debt-to-capital ratio of Nucor Corp has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure, as the numerator (debt) is zero. This suggests that Nucor Corp primarily funds its operations and investments through equity rather than taking on debt. Having a low or zero debt-to-capital ratio can be a positive indicator of financial stability and reduced financial risk, as it indicates a lower dependency on external financing. Nucor Corp's consistent zero debt-to-capital ratio over the years reflects a conservative financial strategy and a strong financial position.
Peer comparison
Dec 31, 2024