Fresh Del Monte Produce Inc (FDP)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,990,500 | 1,991,200 | 1,954,100 | 1,911,700 | 1,896,300 | 2,030,300 | 2,029,400 | 1,940,400 | 1,904,700 | 1,887,800 | 1,861,400 | 1,852,900 | 1,802,300 | 1,810,400 | 1,824,900 | 1,787,800 | 1,728,000 | 1,718,100 | 1,695,200 | 1,686,500 |
| 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 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,990,500K
= 0.00
Fresh Del Monte Produce Inc has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt financing to fund its operations, and its assets are primarily financed through equity. A debt-to-equity ratio of 0.00 suggests a low financial risk as there is no debt in the capital structure to raise concerns about the company's ability to meet its debt obligations. It also implies that the company may have a conservative approach to financing, relying more on equity capital to support its operations.
Peer comparison
Dec 31, 2024