Par Pacific Holdings Inc (PARR)
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 | 1,191,300 | 1,335,420 | 644,537 | 265,700 | 246,274 |
| 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 + $1,191,300K)
= 0.00
The debt-to-capital ratio for Par Pacific Holdings Inc for the years ending December 31, 2020 through December 31, 2024, remained consistently at 0.00. This indicates that the company had no debt in relation to its capital during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure was entirely equity-funded, without any reliance on debt financing. It may suggest a conservative financial strategy or a strong ability to generate internal funds for growth and operations. However, it is essential to consider other financial metrics and industry norms to have a comprehensive understanding of the company's financial health and risk profile.
Peer comparison
Dec 31, 2024