Par Pacific Holdings Inc (PARR)
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 | 3,829,370 | 3,853,280 | 3,936,950 | 3,771,680 | 3,863,950 | 3,888,750 | 3,609,970 | 3,327,430 | 3,280,650 | 3,107,100 | 3,245,340 | 2,920,440 | 2,570,250 | 2,521,000 | 2,524,380 | 2,502,470 | 2,133,860 | 2,272,410 | 2,224,800 | 2,140,920 |
| 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 ÷ $3,829,370K
= 0.00
The debt-to-assets ratio of Par Pacific Holdings Inc has consistently been 0.00 for the periods spanning from March 31, 2020, to December 31, 2024. This signifies that the company has been essentially debt-free in relation to its total assets during these quarters. A debt-to-assets ratio of 0.00 typically indicates that the company's assets are fully financed by equity rather than debt. It suggests that the company has not utilized external borrowing to fund its operations or investments significantly during this period. Overall, a consistent 0.00 debt-to-assets ratio may indicate a conservative financial strategy and strong financial health that is not reliant on leverage.
Peer comparison
Dec 31, 2024