Molson Coors Brewing Co Class B (TAP)
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 | 13,092,400 | 13,196,000 | 12,689,700 | 13,417,100 | 12,365,000 |
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 ÷ $13,092,400K
= 0.00
The debt-to-equity ratio for Molson Coors Brewing Co Class B has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been utilizing more equity financing relative to debt in its capital structure during this period. A debt-to-equity ratio of 0.00 typically suggests that the company has either no debt or a minimal amount of debt compared to its equity. This may imply a lower financial risk profile for the company, as it is not heavily reliant on debt to fund its operations or growth. It is essential to note that a low debt-to-equity ratio does not necessarily mean a company is in a better financial position, as other financial metrics and factors need to be considered in conjunction with this ratio to obtain a holistic view of the company's financial health.
Peer comparison
Dec 31, 2024