Dupont De Nemours Inc (DD)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.00 |
| 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 | 0.00 |
| 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 | 0.00 |
| Financial leverage ratio | 1.57 | 1.55 | 1.57 | 1.60 | 1.59 | 1.62 | 1.56 | 1.54 | 1.56 | 1.77 | 1.74 | 1.73 | 1.73 | 1.73 | 1.71 | 1.76 | 1.84 | 1.92 | 1.80 | 1.72 |
Dupont De Nemours Inc's solvency ratios, including the debt-to-assets ratio, debt-to-capital ratio, debt-to-equity ratio, and financial leverage ratio, have shown a consistent trend of stability and strength over the reported periods.
The debt-to-assets ratio has consistently remained at 0.00, indicating that the company has not taken on debt relative to its total assets. This suggests a strong financial position and minimal financial risk associated with debt obligations.
Similarly, the debt-to-capital ratio has also remained at 0.00 throughout the reported periods, indicating that the company's capital structure is not heavily reliant on debt financing. This further supports the company's financial stability and ability to fund its operations without incurring significant debt.
The debt-to-equity ratio has also consistently remained at 0.00, reflecting that the company's shareholder equity exceeds its total debt. This indicates a healthy balance between debt and equity financing, which is favorable for long-term financial health and sustainability.
The financial leverage ratio has shown some fluctuation but has generally remained relatively stable, ranging between 1.54 to 1.80 over the reported periods. This ratio indicates the extent to which the company is using debt to finance its assets, with a lower ratio generally considered less risky. The trend in the financial leverage ratio suggests that the company has been effectively managing its debt levels and financial risk.
Overall, based on the solvency ratios analyzed, Dupont De Nemours Inc appears to have a strong financial position, low debt levels, and a healthy balance between debt and equity financing. This indicates a solid foundation for the company's operations and growth potential.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 4.26 | 2.66 | 1.90 | 1.80 | 1.88 | 4.00 | 4.31 | 4.25 | 4.17 | 4.11 | 4.37 | 4.99 | 5.18 | 4.43 | 3.20 | -1.07 | -2.46 | -1.48 | -0.72 | 1.45 |
The interest coverage ratio measures a company's ability to meet its interest payments on outstanding debt with its operating income. A higher ratio indicates that the company is more capable of covering its interest obligations.
Analyzing Dupont De Nemours Inc's interest coverage from March 2020 to December 2024 reveals fluctuations in its ability to cover interest expenses. The ratio was below 1 in several quarters in 2020 and early 2021, indicating that the company's operating income was insufficient to cover its interest payments during those periods. This could be a sign of financial distress or heightened financial risk.
However, starting from June 2021, the interest coverage ratio improved significantly and stayed above 3, indicating a healthier financial position. The ratio continued to increase, reaching its peak at 5.18 in December 2021, demonstrating the company's ability to comfortably meet its interest obligations.
Subsequently, the interest coverage ratio remained relatively stable between 4 and 5 until December 2022, signaling continued financial stability. However, from March 2023 to December 2024, the ratio gradually declined, indicating a slight weakening in the company's ability to cover interest payments, although it remained above 1.8 during this period.
In conclusion, while Dupont De Nemours Inc experienced fluctuations in its interest coverage ratio over the analyzed period, the company showed a significant improvement in its ability to cover interest expenses from mid-2021 to late 2022, suggesting a strengthened financial position. Despite a slight decline in the ratio in the later periods, the company maintained a reasonable level of interest coverage, indicating a relatively stable financial performance.