Olin Corporation (OLN)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,055,400 | 2,056,700 | 2,136,100 | 2,172,000 | 2,232,400 | 2,327,500 | 2,432,000 | 2,492,800 | 2,543,600 | 2,549,700 | 2,696,100 | 2,785,900 | 2,652,200 | 2,387,900 | 2,074,700 | 1,696,600 | 1,452,300 | 1,469,100 | 2,188,900 | 2,289,100 |
| Debt-to-capital 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-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 March 2020 to December 2024 based on the provided data. This indicates that the company has not relied on debt as a significant component of its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that Olin Corporation has funded its operations and investments primarily through equity rather than debt financing. Generally, a lower debt-to-capital ratio signifies lower financial risk and less leverage, which may be viewed positively by investors and creditors. However, it is crucial to assess this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's overall financial health and capital structure.
Peer comparison
Dec 31, 2024