Dupont De Nemours Inc (DD)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 24,279,000 | 26,569,000 | 26,433,000 | 38,504,000 | 40,987,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,279,000K
= 0.00
The debt-to-equity ratio of DuPont de Nemours Inc has shown variability over the past five years. The ratio has fluctuated between 0.30 to 0.57 during this period, indicating changes in the company's capital structure and financial risk. A lower debt-to-equity ratio, such as seen in 2022 and 2023, suggests that the company relies less on debt financing compared to equity, which may indicate a more conservative financial approach. Conversely, higher ratios, as in 2020 and 2019, signify a higher reliance on debt, potentially increasing the company's financial risk. Overall, monitoring trends in the debt-to-equity ratio can provide insights into the company's financial health and risk management strategies.
Peer comparison
Dec 31, 2023