Dupont De Nemours Inc (DD)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	41,343,000
Total assets	US$ in thousands	38,552,000	39,133,000	40,797,000	41,208,000	41,355,000	44,099,000	44,440,000	45,393,000	45,707,000	46,015,000	45,839,000	47,804,000	70,903,000	72,141,000	66,753,000	67,987,000	69,349,000	70,119,000	70,843,000	189,785,000
Debt-to-assets 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	0.22

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $38,552,000K
= 0.00

DuPont de Nemours Inc's debt-to-assets ratio has been relatively stable over the past eight quarters, ranging from 0.20 to 0.27. A lower debt-to-assets ratio indicates a lower level of financial leverage and risk, as it reflects the proportion of the company's assets financed by debt.

Despite a slight increase in Q3 2022, the ratio has generally remained around 0.20 to 0.25 since then. This suggests that the company has been able to effectively manage its debt levels relative to its total assets. A consistent ratio over time may indicate that DuPont de Nemours Inc has been maintaining a healthy balance between debt and assets, which could positively impact its financial stability and performance.

Overall, the stability and low level of DuPont de Nemours Inc's debt-to-assets ratio over the past two years may indicate a prudent and sustainable approach to its capital structure management. However, it is essential to consider other financial ratios and factors to obtain a more comprehensive understanding of the company's financial health and risk profile.