Dow Inc (DOW)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 13,875,000 | 17,125,000 | 20,604,000 |
| Total stockholders’ equity | US$ in thousands | 17,355,000 | 18,607,000 | 20,718,000 | 18,165,000 | 12,435,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.40 | 0.49 | 0.62 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $17,355,000K)
= 0.00
The debt-to-capital ratio of Dow Inc has exhibited a decreasing trend over the analyzed period, starting at 0.62 on December 31, 2020, and dropping to 0.49 by December 31, 2021, further decreasing to 0.40 by December 31, 2022. Interestingly, the ratio significantly decreased to 0.00 by both December 31, 2023, and December 31, 2024. This substantial reduction in the debt-to-capital ratio indicates that Dow Inc has been successful in reducing its debt relative to its total capital, which may signal improved financial health and reduced financial risk for the company.
Peer comparison
Dec 31, 2024