Fresh Del Monte Produce Inc (FDP)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,990,500K
= 0.00
Based on the provided data, Fresh Del Monte Produce Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage through debt and is entirely financed by equity. This signifies that the company has not taken on any debt to finance its operations or growth during the specified period. Fresh Del Monte Produce Inc's financial structure appears to be conservative with a strong reliance on equity financing rather than debt, which may indicate lower financial risk and a stable financial position.
Peer comparison
Dec 31, 2024