Olin Corporation (OLN)
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 | 2,055,400 | 2,232,400 | 2,543,600 | 2,652,200 | 1,452,300 |
| 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 + $2,055,400K)
= 0.00
The debt-to-capital ratio of Olin Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its overall capital structure during this time period. This could suggest that Olin Corporation relies more on equity financing or other sources of capital, which may imply a lower financial risk and potentially enhanced financial stability. However, it is important to note that a very low debt-to-capital ratio may also mean missed opportunities for leverage and potential tax benefits associated with debt financing.
Peer comparison
Dec 31, 2024