Smurfit WestRock plc (SW)
Debt-to-capital ratio
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14 | 0 | 5,560,000 | 5,357,000 | 5,025,000 |
| Debt-to-capital ratio | 0.00 | — | 0.00 | 0.00 | 0.00 |
June 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $14K)
= 0.00
The debt-to-capital ratio of Smurfit WestRock plc for the periods provided (Jun 30, 2024; Mar 31, 2024; Dec 31, 2023; Jun 30, 2023; Dec 31, 2022) is consistently reported as 0.00, indicating that the company has had no debt in relation to its capital across these periods. This implies that the company is either using equity financing entirely or has negligible debt relative to its total capital structure. It is important to consider the reasons behind this consistent ratio, such as the company's strategic decisions regarding capital structure, market conditions, and industry norms, to fully understand the implications for its financial health and risk profile.
Peer comparison
Jun 30, 2024