The Andersons Inc (ANDE)
Debt-to-equity 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 | 608,151 | 542,564 | 549,378 | 556,174 | 562,960 | 569,730 | 576,489 | 486,892 | 492,518 | 497,988 | 563,447 | 571,181 | 600,487 | 542,821 | 837,609 | 877,583 | 886,453 | 717,198 | 975,973 | 987,526 |
| Total stockholders’ equity | US$ in thousands | 1,366,190 | 1,329,170 | 1,310,600 | 1,279,990 | 1,282,900 | 1,240,740 | 1,230,990 | 1,169,590 | 1,198,600 | 1,193,920 | 1,167,150 | 1,089,020 | 1,072,420 | 1,033,440 | 1,022,500 | 983,667 | 961,891 | 939,199 | 939,388 | 912,257 |
| Debt-to-equity ratio | 0.45 | 0.41 | 0.42 | 0.43 | 0.44 | 0.46 | 0.47 | 0.42 | 0.41 | 0.42 | 0.48 | 0.52 | 0.56 | 0.53 | 0.82 | 0.89 | 0.92 | 0.76 | 1.04 | 1.08 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $608,151K ÷ $1,366,190K
= 0.45
The debt-to-equity ratio of The Andersons Inc has been gradually decreasing over the past few years, indicating a decreasing reliance on debt to finance its operations compared to equity. As of December 31, 2024, the ratio stands at 0.45, meaning that for every dollar of equity, the company has $0.45 of debt. This suggests a conservative capital structure and a relatively lower level of financial risk. The downward trend in the ratio signifies improved financial stability and a more sustainable approach to funding the company's growth and operations.
Peer comparison
Dec 31, 2024