Sylvamo Corp (SLVM)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 847,000 | 937,000 | 830,000 | 889,000 | 901,000 | 836,000 | 862,000 | 790,000 | 678,000 | 258,000 | 252,000 | 331,000 | 182,000 | 265,000 | 2,284,000 | 2,112,000 | 2,112,000 |
Debt-to-equity 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 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $847,000K
= 0.00
Sylvamo Corp has consistently maintained a debt-to-equity ratio of 0.00 over the past several years according to the provided data. This indicates that the company has no debt relative to its equity. A debt-to-equity ratio of 0.00 implies that the company's financing is entirely equity-based, with no borrowed funds contributing to its capital structure.
Having a debt-to-equity ratio of 0.00 can be seen as a positive sign, as it suggests that Sylvamo Corp does not rely on debt to finance its operations or growth. This may indicate financial stability, lower financial risk, and potentially greater flexibility in managing its operations without the burden of debt obligations.
However, it's important to note that while a low debt-to-equity ratio is generally favorable, it may also imply missed opportunities for leveraging debt to potentially enhance returns on equity. Companies typically strive to maintain a healthy balance between debt and equity financing based on their capital structure and financial goals.
Overall, based on the consistent 0.00 debt-to-equity ratio, Sylvamo Corp appears to have a conservative approach to financing, relying primarily on equity to support its business activities.
Peer comparison
Dec 31, 2024