Permian Resources Corporation (PR)
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 | 16,897,900 | 16,615,600 | 15,408,700 | 15,081,300 | 15,070,700 | 9,209,800 | 8,926,320 | 8,723,160 | 8,492,590 | 8,609,630 | 4,224,030 | 3,958,530 | 3,804,590 | 3,882,340 | 3,874,350 | 3,848,320 | 3,827,420 | 3,923,040 | 4,020,890 | 4,106,250 |
| 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 ÷ $16,897,900K
= 0.00
Permian Resources Corporation has maintained a consistent debt-to-assets ratio of 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of funding for its operations and investments, as its total debt is negligible compared to its total assets. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity or other sources of funding. While a low debt-to-assets ratio can reflect financial stability and lower financial risk, it may also indicate missed opportunities for leveraging debt financing to potentially enhance returns. Further analysis of the company's capital structure and financial strategy would be necessary to fully understand the implications of this consistent ratio over time.
Peer comparison
Dec 31, 2024