Olin Corporation (OLN)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,055,400K
= 0.00
Olin Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and growth during this period. A debt-to-equity ratio of 0.00 suggests that Olin Corporation has been primarily financed by equity, which may be viewed positively by investors as it signifies a lower financial risk due to the absence of debt obligations. It is worth noting that a debt-to-equity ratio of 0.00 could also indicate that the company may not be utilizing debt efficiently to leverage its operations or take advantage of potential growth opportunities. Nonetheless, Olin Corporation's consistent debt-to-equity ratio of 0.00 reflects a conservative financial strategy in terms of capital structure.
Peer comparison
Dec 31, 2024