Smurfit WestRock plc (SW)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 17,360,000 | 17,965,000 | 13 | 0 | 5,560,000 | — | 5,357,000 | 5,025,000 | — | — |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | — | 0.00 | — | 0.00 | 0.00 | — | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $17,360,000K)
= 0.00
The debt-to-capital ratio for Smurfit WestRock plc has shown a consistent and favorable trend over the periods indicated. The ratio was not available for December 31, 2021, and June 30, 2022. However, starting from December 31, 2022, the ratio stood at 0.00, indicating that the company's total debt was zero relative to its total capital for that period.
This favorable trend continued through June 30, 2023, December 31, 2023, June 30, 2024, and September 30, 2024, where the debt-to-capital ratio remained at 0.00. A debt-to-capital ratio of 0.00 suggests that the company is not reliant on debt financing to fund its operations and investments, and instead, the majority of its capital comes from equity. This can be seen as a positive sign of financial stability and strength, as the company has minimal financial risk associated with debt obligations.
Overall, the consistent and low debt-to-capital ratio for Smurfit WestRock plc indicates a healthy balance sheet structure and a conservative approach to managing its capital structure, which may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024