Steel Dynamics Inc (STLD)
Debt-to-equity 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 | 8,934,290 | 8,866,670 | 8,130,360 | 6,304,640 | 4,345,160 |
| Debt-to-equity ratio | 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 ÷ $8,934,290K
= 0.00
The debt-to-equity ratio for Steel Dynamics Inc has consistently been reported as zero from December 31, 2020, to December 31, 2024. This implies that the company has not utilized any debt financing to fund its operations during this period. A ratio of zero typically indicates that the company is entirely reliant on equity financing, which may suggest a low financial risk due to the absence of debt obligations. It could also demonstrate that the company is efficiently managing its capital structure to maintain a healthy balance between debt and equity. However, it is essential to consider other financial metrics and industry benchmarks to gain a more comprehensive understanding of the company's overall financial health and leverage position.
Peer comparison
Dec 31, 2024