United Airlines Holdings Inc (UAL)
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 | 12,675,000 | 9,324,000 | 6,896,000 | 5,029,000 | 5,960,000 |
| 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 ÷ $12,675,000K
= 0.00
The debt-to-equity ratio of United Airlines Holdings Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations more through equity rather than debt during this period. A low debt-to-equity ratio is generally favorable as it suggests lower financial risk and implies that the company may be less reliant on borrowing to fund its activities. However, it is essential to consider the industry norms and the company's specific circumstances to fully assess the implications of this ratio on United Airlines Holdings Inc's financial health and risk profile.
Peer comparison
Dec 31, 2024