Darling Ingredients Inc (DAR)
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 | 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-equity ratio | 0.89 | 0.91 | 0.00 | 0.00 | 0.94 | 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,911,370K ÷ $4,377,810K
= 0.89
The debt-to-equity ratio for Darling Ingredients Inc has been consistently low, remaining at 0.00 for the periods between March 31, 2020, and June 30, 2024. This indicates that the company has been primarily financed through equity rather than debt during this time frame.
However, there was a noticeable uptick in the debt-to-equity ratio as of September 30, 2024, at 0.91, followed by a slight decrease to 0.89 by December 31, 2024. This change suggests that Darling Ingredients Inc may have taken on some debt relative to its equity in the latter part of 2024.
It is essential to closely monitor this ratio in future periods to assess if this trend continues and to evaluate the company's leverage position and its ability to manage debt effectively.
Peer comparison
Dec 31, 2024