Olin Corporation (OLN)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 7,579,100 | 7,713,200 | 8,044,200 | 8,517,700 | 8,270,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,579,100K
= 0.00
The debt-to-assets ratio of Olin Corporation has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 suggests that Olin Corporation relies solely on equity to finance its operations and investments, which could signify a conservative financial approach and a lower risk of financial distress associated with high levels of debt. However, it's important to note that a zero debt-to-assets ratio could also imply missed opportunities for leveraging debt to potentially magnify returns. Overall, Olin Corporation's consistent 0.00 debt-to-assets ratio reflects a strategic decision regarding its capital structure and financing choices.
Peer comparison
Dec 31, 2024