Dupont De Nemours Inc (DD)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	24,279,000	24,192,000	26,123,000	26,737,000	26,569,000	24,909,000	25,528,000	26,176,000	26,433,000	26,633,000	26,877,000	27,188,000	38,504,000	37,559,000	37,005,000	39,551,000	40,987,000	41,344,000	42,006,000	92,444,000
Debt-to-capital 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	0.31

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $24,279,000K)
= 0.00

DuPont de Nemours Inc's debt-to-capital ratio has been relatively stable over the past eight quarters, ranging between 0.23 and 0.32. The ratio indicates that the company has maintained a conservative level of debt in its capital structure compared to its equity.

The decreasing trend from Q3 2022 to Q1 2023 suggests that the company has been reducing its debt relative to its total capital over time. This could be a positive sign of improved financial health and risk management, as lower debt levels typically indicate lower financial risk and increased financial stability.

Overall, DuPont de Nemours Inc's debt-to-capital ratio appears to be at a reasonable and manageable level, which may provide the company with financial flexibility and resilience in the face of economic uncertainties. However, it is essential for the company to continue monitoring and managing its debt levels effectively to sustain its financial position in the long run.