Archer-Daniels-Midland Company (ADM)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 22,168,000 | 21,974,000 | 22,148,000 | 23,219,000 | 24,132,000 | 25,228,000 | 24,939,000 | 24,860,000 | 24,284,000 | 23,997,000 | 24,393,000 | 23,722,000 | 22,477,000 | 21,969,000 | 21,582,000 | 20,841,000 | 20,000,000 | 19,322,000 | 19,293,000 | 18,952,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $22,168,000K)
= 0.00
Archer-Daniels-Midland Company has consistently maintained a debt-to-capital ratio of 0.00 for the period spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of zero suggests that the company is primarily funding its operations and investments through equity rather than debt financing. While a low debt-to-capital ratio can signify financial stability and lower risk, it is crucial to assess the company's overall financial health and operational efficiency in conjunction with other financial ratios and factors.
Peer comparison
Dec 31, 2024