Steel Dynamics Inc (STLD)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 14,935,200 | 15,659,800 | 15,061,300 | 15,026,800 | 14,982,800 | 14,929,000 | 14,551,400 | 14,219,800 | 14,160,000 | 14,047,700 | 13,711,200 | 13,056,600 | 12,531,200 | 11,536,000 | 10,687,300 | 10,127,900 | 9,265,560 | 8,617,560 | 8,468,340 | 8,344,920 |
| 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 | 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
The debt-to-assets ratio of Steel Dynamics Inc has consistently remained at 0.00 over the past several quarters, based on the data provided. This indicates that the company has no debt in relation to its total assets during the given periods. A debt-to-assets ratio of 0.00 suggests that the company is not relying on debt financing to support its operations or growth, and it may have a strong financial position with a higher proportion of equity financing. It also implies that Steel Dynamics Inc has a lower financial risk compared to companies with higher debt levels. Overall, a consistent debt-to-assets ratio of 0.00 reflects a prudent financial management strategy and stability in the company's capital structure.
Peer comparison
Dec 31, 2024