Darling Ingredients Inc (DAR)
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 | 3,911,370 | 4,140,630 | — | — | 4,322,380 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,377,810 | 4,551,410 | 4,460,950 | 4,593,130 | 4,605,430 | 4,380,710 | 4,368,230 | 4,032,530 | 3,809,020 | 3,580,110 | 3,493,470 | 3,425,280 | 3,280,960 | 3,205,520 | 3,118,580 | 2,966,600 | 2,891,910 | 2,773,920 | 2,633,360 | 2,543,560 |
| Debt-to-capital ratio | 0.47 | 0.48 | 0.00 | 0.00 | 0.48 | 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)
= $3,911,370K ÷ ($3,911,370K + $4,377,810K)
= 0.47
The debt-to-capital ratio of Darling Ingredients Inc has remained consistent at 0.00 for most of the periods analyzed, indicating that the company has not utilized much debt relative to its capital structure. However, there were slight increases observed in the ratio for the periods ending December 31, 2023 (0.48), September 30, 2024 (0.48), and December 31, 2024 (0.47), suggesting a slight shift towards higher levels of debt compared to the company's capital. Overall, the company's debt levels appear relatively low based on the debt-to-capital ratio, which may indicate a conservative approach to financing its operations.
Peer comparison
Dec 31, 2024