Ford Motor Company (F)
Debt-to-capital 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 | — | — | — | — | — | — | — | — | — | — | — | — | 291,000 | — | — | — | 470,000 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 42,773,000 | 44,263,000 | 43,677,000 | 42,366,000 | 43,242,000 | 42,125,000 | 44,169,000 | 44,985,000 | 48,519,000 | 36,593,000 | 34,664,000 | 33,828,000 | 30,690,000 | 33,125,000 | 30,824,000 | 29,650,000 | 33,185,000 | 35,349,000 | 36,097,000 | 36,398,000 |
| 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 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $42,773,000K)
= 0.00
The debt-to-capital ratio for Ford Motor Co. has shown a relatively stable trend over the past eight quarters, ranging between 0.74 and 0.78. This indicates that Ford relies on debt to finance a significant portion of its operations and investments, with debt accounting for approximately 74% to 78% of the company's total capital structure.
While the ratio has fluctuated slightly, it has generally remained within a narrow range, suggesting that Ford has been able to maintain a consistent balance between debt and equity in its capital structure. A higher debt-to-capital ratio may imply higher financial leverage and increased risk, as the company has more debt obligations to service. On the other hand, a lower ratio can indicate a more conservative approach with less reliance on debt financing.
Overall, the stability of Ford's debt-to-capital ratio indicates a certain level of financial discipline in managing its capital structure. However, it is important for investors and stakeholders to monitor any significant changes in the ratio over time, as it can provide insights into Ford's financial health and risk profile.
Peer comparison
Dec 31, 2023