AGCO Corporation (AGCO)
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 | 2,233,300 | 3,610,000 | 3,595,200 | 3,425,700 | 1,377,200 | 1,919,700 | 2,014,200 | 1,791,100 | 1,264,800 | 1,845,700 | 2,018,000 | 1,899,400 | 1,411,200 | 1,319,100 | 1,206,400 | 936,600 | 1,256,700 | 1,429,300 | 1,652,100 | 1,669,500 |
| Total stockholders’ equity | US$ in thousands | 3,742,800 | 4,148,800 | 4,053,800 | 4,755,100 | 4,656,700 | 4,355,500 | 4,138,800 | 4,132,700 | 3,882,400 | 3,520,400 | 3,383,200 | 3,674,800 | 3,415,900 | 3,168,800 | 3,138,300 | 3,086,500 | 2,980,000 | 2,809,700 | 2,676,100 | 2,642,100 |
| Debt-to-capital ratio | 0.37 | 0.47 | 0.47 | 0.42 | 0.23 | 0.31 | 0.33 | 0.30 | 0.25 | 0.34 | 0.37 | 0.34 | 0.29 | 0.29 | 0.28 | 0.23 | 0.30 | 0.34 | 0.38 | 0.39 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,233,300K ÷ ($2,233,300K + $3,742,800K)
= 0.37
The debt-to-capital ratio of AGCO Corporation has shown fluctuations over the past few years. The ratio decreased from 0.39 as of March 31, 2020, to 0.23 as of March 31, 2021, indicating a reduction in debt relative to total capital during this period. However, the ratio increased to 0.47 as of June 30, 2024, suggesting a higher proportion of debt in the capital structure compared to the earlier periods. Overall, the trend suggests some variability in AGCO's leverage position, and further analysis of the company's debt management strategies and financial performance would be warranted to fully assess its capital structure dynamics.
Peer comparison
Dec 31, 2024