Archer-Daniels-Midland Company (ADM)
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 | 22,168,000 | 24,132,000 | 24,284,000 | 22,477,000 | 20,000,000 |
| 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 + $22,168,000K)
= 0.00
Based on the data provided for Archer-Daniels-Midland Company, the debt-to-capital ratio has consistently been at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations in relation to its capital structure during this time frame. A debt-to-capital ratio of 0.00 suggests that the company relies primarily on equity financing rather than debt, which may indicate a conservative financial strategy aimed at minimizing financial risk and maintaining a strong balance sheet position. This could be viewed positively by investors and creditors as it signifies a lower level of financial leverage and potential stability in the company's financial structure. However, it is important to consider other financial metrics and factors to assess the overall financial health and performance of Archer-Daniels-Midland Company.
Peer comparison
Dec 31, 2024