Dupont De Nemours Inc (DD)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 36,636,000 | 38,552,000 | 41,400,000 | 45,707,000 | 70,904,000 |
| Total stockholders’ equity | US$ in thousands | 23,350,000 | 24,279,000 | 26,499,000 | 26,433,000 | 38,504,000 |
| Financial leverage ratio | 1.57 | 1.59 | 1.56 | 1.73 | 1.84 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $36,636,000K ÷ $23,350,000K
= 1.57
The financial leverage ratio of Dupont De Nemours Inc has shown a decreasing trend over the past five years. Starting at 1.84 in December 31, 2020, it decreased to 1.73 by December 31, 2021, further declining to 1.56 by December 31, 2022. However, there was a slight increase to 1.59 by December 31, 2023, followed by a decrease to 1.57 by December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments, which can be a positive sign for investors and creditors as lower financial leverage ratios generally suggest lower financial risk.
Peer comparison
Dec 31, 2024