United Airlines Holdings Inc (UAL)
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 | 12,675,000 | 9,324,000 | 6,896,000 | 5,029,000 | 5,960,000 |
| 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 + $12,675,000K)
= 0.00
The debt-to-capital ratio for United Airlines Holdings Inc has been consistently at 0.00 for the past five years, based on the data provided for the years ending on December 31 of 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not been relying heavily on debt to finance its operations relative to its total capital. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-based, which could indicate a lower risk of financial distress related to debt repayment obligations. However, it is essential to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of United Airlines Holdings Inc's financial health and risk profile.
Peer comparison
Dec 31, 2024