Par Pacific Holdings Inc (PARR)
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 | 1,191,300 | 1,335,420 | 644,537 | 265,700 | 246,274 |
| 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 ÷ $1,191,300K
= 0.00
Based on the data provided for Par Pacific Holdings Inc, the debt-to-equity ratio has consistently remained at 0.00 from December 31, 2020, until December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity. This suggests that the company may be financing its operations primarily through equity or that it has effectively managed its debt levels to maintain a strong financial position. It is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024