Molson Coors Brewing Co Class B (TAP)
Debt-to-capital 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 | 13,092,400 | 13,196,000 | 12,689,700 | 13,417,100 | 12,365,000 |
| Debt-to-capital ratio | 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 + $13,092,400K)
= 0.00
The debt-to-capital ratio of Molson Coors Brewing Co Class B has consistently remained at 0.00 over the past five years, including as of December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that all of the company's capital is derived from equity rather than debt financing. While this may reflect a lower risk of financial distress due to debt obligations, it also suggests that the company may be missing out on leveraging debt to potentially enhance returns. It is important to consider the reasons behind the company's conservative debt approach and assess how it aligns with its overall financial strategy and growth objectives.
Peer comparison
Dec 31, 2024