Fresh Del Monte Produce Inc (FDP)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,990,500 | 1,896,300 | 1,904,700 | 1,802,300 | 1,728,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,990,500K)
= 0.00
Fresh Del Monte Produce Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024, indicating that the company has not utilized any debt financing to fund its operations during this period. This implies that Fresh Del Monte Produce Inc relies solely on equity to support its capital structure, which could signal financial stability and a lower risk profile. A debt-to-capital ratio of 0.00 suggests that the company's operations are not burdened by debt obligations, potentially allowing greater flexibility in managing its financial resources and investments.
Peer comparison
Dec 31, 2024