Vulcan Materials Company (VMC)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 17,104,800 | 14,351,900 | 14,216,400 | 13,910,900 | 14,545,700 | 14,620,500 | 14,333,600 | 14,076,900 | 14,234,600 | 14,615,800 | 14,181,500 | 13,860,800 | 13,682,600 | 13,688,000 | 11,571,000 | 11,332,800 | 11,686,900 | 11,590,500 | 11,398,700 | 10,629,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $17,104,800K
= 0.00
The debt-to-assets ratio of Vulcan Materials Company has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has not used debt financing to fund its operations or investment activities, relying instead on equity financing or other sources of capital. This may signify a conservative financial strategy and potentially lower financial risk, as the absence of debt obligations can lead to reduced interest expenses and lower financial leverage. However, it is important to note that while a low debt-to-assets ratio can indicate strong financial health, it may also imply missed opportunities for leveraging debt for growth or capital efficiency.
Peer comparison
Dec 31, 2024