Steel Dynamics Inc (STLD)
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 | 14,935,200 | 14,908,400 | 14,160,000 | 12,531,200 | 9,265,560 |
| 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 ÷ $14,935,200K
= 0.00
Steel Dynamics Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position with a low level of financial leverage and is not exposed to significant financial risk associated with high levels of debt. Investors and creditors may view this positively as it signifies a conservative approach to capital structure and financial management.
Peer comparison
Dec 31, 2024