Permian Resources Corporation (PR)
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 | 9,138,530 | 6,336,100 | 2,935,750 | 2,750,720 | 2,603,960 |
| 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 + $9,138,530K)
= 0.00
Permian Resources Corporation has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is entirely funded by equity. It suggests that Permian Resources Corporation may have chosen to finance its operations and growth using internal funds or equity financing rather than taking on debt. A low or zero debt-to-capital ratio can be viewed positively as it may indicate lower financial risk and potentially lower interest expenses for the company. However, it's important to consider the overall financial strategy and objectives of the company when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2024