Packaging Corp of America (PKG)
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 | 4,404,000 | 3,997,300 | 3,667,100 | 3,607,200 | 3,246,300 |
| 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 + $4,404,000K)
= 0.00
Packaging Corp of America has maintained a consistent debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure, meaning it is entirely funded by equity. This suggests a conservative approach to financing, with a lower financial risk compared to companies with significant debt obligations. Packaging Corp of America's stable debt-to-capital ratio over the years reflects a strong financial position and effective capital management.
Peer comparison
Dec 31, 2024