Par Pacific Holdings Inc (PARR)
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 | 1,191,300 | 1,254,030 | 1,265,780 | 1,311,340 | 1,335,420 | 1,071,260 | 919,311 | 887,993 | 644,537 | 546,892 | 278,729 | 125,917 | 265,700 | 253,502 | 169,692 | 276,067 | 246,274 | 379,940 | 392,476 | 430,388 |
| 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 + $1,191,300K)
= 0.00
The debt-to-capital ratio for Par Pacific Holdings Inc has remained consistently at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a negligible amount of debt compared to its total capital. A debt-to-capital ratio of 0.00 suggests that the company is primarily financed through equity or other non-debt sources. While a low debt-to-capital ratio is generally considered positive as it signifies lower financial risk and greater financial stability, it is essential to assess the overall financial health of the company by analyzing other financial ratios and factors as well.
Peer comparison
Dec 31, 2024