FMC Corporation (FMC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 11,653,300 | 11,926,200 | 11,171,300 | 10,581,300 | 10,186,400 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,653,300K
= 0.00
The debt-to-assets ratio of FMC Corporation has consistently remained at 0.00 for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This suggests that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 indicates that the company's assets are entirely financed by equity, which may imply a low-risk financial structure. It is important to note that while a low debt-to-assets ratio signifies financial stability, it may also indicate missed opportunities for leveraging debt to potentially enhance returns for the shareholders.
Peer comparison
Dec 31, 2024