Olin Corporation (OLN)
Debt-to-equity 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-equity 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-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 across different reporting periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This implies that Olin Corporation relies solely on equity financing rather than debt to fund its operations and growth.
Having a debt-to-equity ratio of 0.00 can be interpreted as a positive sign of financial stability and lower financial risk for Olin Corporation. It suggests that the company has a strong equity base that can support its operations and investments without relying on borrowed funds. Additionally, a lower debt-to-equity ratio signifies that the company is not highly leveraged, which can be beneficial in times of economic uncertainty or fluctuating interest rates.
Overall, Olin Corporation's consistent debt-to-equity ratio of 0.00 indicates a prudent and cautious approach to managing its financial structure, showcasing a healthy balance between debt and equity in its capital mix.
Peer comparison
Dec 31, 2024