Permian Resources Corporation (PR)
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 | 9,138,530 | 6,336,100 | 2,935,750 | 2,750,720 | 2,603,960 |
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 ÷ $9,138,530K
= 0.00
Permian Resources Corporation has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments during this period. A debt-to-equity ratio of 0.00 typically suggests that the company has a low financial risk and relies more on equity financing, which can be viewed positively by investors and creditors. However, it is important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024