Sylvamo Corp (SLVM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,604,000 | 2,872,000 | 2,710,000 | 2,597,000 | 2,911,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,604,000K
= 0.00
The debt-to-assets ratio for Sylvamo Corp has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing relative to its total assets over this period. A debt-to-assets ratio of 0.00 suggests that Sylvamo Corp relies solely on equity financing to support its operations and investments, which may indicate financial stability and a lower risk of default. It is important to note that the absence of debt in the capital structure can limit tax advantages and potential leverage for growth opportunities. Overall, the consistent 0.00 debt-to-assets ratio reflects Sylvamo Corp's conservative financial strategy and prudent risk management in maintaining a debt-free balance sheet.
Peer comparison
Dec 31, 2024