Sylvamo Corp (SLVM)
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 | 847,000 | 901,000 | 678,000 | 182,000 | 2,112,000 |
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 + $847,000K)
= 0.00
Based on the data provided for Sylvamo Corp's debt-to-capital ratio from December 31, 2020, to December 31, 2024, the company consistently maintains a debt-to-capital ratio of 0.00 throughout the five-year period. A debt-to-capital ratio of 0.00 suggests that the company has no debt relative to its total capital, indicating that the company is financing its operations primarily with equity rather than debt. This could imply that Sylvamo Corp has a strong financial position with minimal financial risk associated with debt obligations. However, it's important to consider other financial metrics and factors to have a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024