Olin Corporation (OLN)
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 | 7,579,100 | 7,518,300 | 7,660,600 | 7,611,300 | 7,713,200 | 7,815,200 | 7,952,500 | 8,109,400 | 8,044,200 | 8,220,200 | 8,675,200 | 8,574,700 | 8,517,700 | 8,652,700 | 8,657,200 | 8,453,200 | 8,270,900 | 8,266,600 | 8,978,100 | 9,184,400 |
| 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 ÷ $7,579,100K
= 0.00
The debt-to-assets ratio for Olin Corporation has consistently remained at 0.00 for all periods starting from March 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity rather than debt. This may indicate a conservative financial strategy or a strong financial position with ample equity to support its operations and investments. It also implies potentially lower financial risk as there is no significant debt burden on the company's assets.
Peer comparison
Dec 31, 2024