Dupont De Nemours Inc (DD)
Debt-to-equity 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-equity 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 | 0.45 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,279,000K
= 0.00
DuPont de Nemours Inc's debt-to-equity ratio has shown a decreasing trend over the past eight quarters from Q1 2022 to Q4 2023. The ratio has decreased from 0.42 in Q1 2022 to 0.30 in Q4 2023. This decreasing trend indicates that the company has been reducing its reliance on debt to finance its operations and investments while increasing its equity base. A lower debt-to-equity ratio generally suggests a more conservative financial structure, as the company has less debt relative to its equity.
The gradual decline in the debt-to-equity ratio may indicate that DuPont de Nemours Inc has been effectively managing its debt levels and improving its financial stability. It may also suggest that the company has been able to generate more earnings from its operations, which can be used to strengthen its equity position and reduce debt.
Overall, the decreasing trend in the debt-to-equity ratio for DuPont de Nemours Inc is a positive indicator of the company's financial health and prudent management of its capital structure.
Peer comparison
Dec 31, 2023