Sylvamo Corp (SLVM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,604,000 | 2,861,000 | 2,691,000 | 2,797,000 | 2,872,000 | 2,785,000 | 2,823,000 | 2,798,000 | 2,710,000 | 2,797,000 | 2,741,000 | 2,709,000 | 2,597,000 | 2,737,000 | 3,109,000 | — | 2,911,000 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,604,000K
= 0.00
The debt-to-assets ratio of Sylvamo Corp has consistently remained at 0.00 over the course of multiple quarters, from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are funded entirely by equity and not by debt financing. This may suggest that Sylvamo Corp has a strong financial position with minimal financial risk associated with debt obligations. However, it's important to note that a low debt-to-assets ratio could also mean missed opportunities for potential leveraging that could improve returns for the shareholders. In conclusion, Sylvamo Corp appears to have a conservative approach towards debt financing based on its consistently low debt-to-assets ratio.
Peer comparison
Dec 31, 2024