Green Plains Renewable Energy Inc (GPRE)

Debt-to-assets 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 432,460 431,189 483,773 490,295 491,918 491,945 493,571 495,114 495,243 495,269 495,027 557,937 514,006 514,434 538,619 537,880 287,299 345,056 341,219 247,210
Total assets US$ in thousands 1,782,170 1,759,950 1,763,600 1,799,440 1,939,320 1,951,140 2,022,800 2,034,830 2,123,130 2,101,540 2,296,010 2,252,500 2,159,760 2,113,200 1,992,950 1,944,630 1,578,920 1,537,420 1,571,080 1,638,100
Debt-to-assets ratio 0.24 0.25 0.27 0.27 0.25 0.25 0.24 0.24 0.23 0.24 0.22 0.25 0.24 0.24 0.27 0.28 0.18 0.22 0.22 0.15

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $432,460K ÷ $1,782,170K
= 0.24

The debt-to-assets ratio of Green Plains Renewable Energy Inc has demonstrated some fluctuation over the analyzed period from March 31, 2020, to December 31, 2024. The ratio started at 0.15 in March 2020, indicating that the company had relatively low debt compared to its total assets. It then increased to 0.28 by March 31, 2021, showing a substantial rise in debt relative to its asset base.

Subsequently, the debt-to-assets ratio fluctuated within a range, reaching its peak at 0.27 by June 30, 2021, and remaining relatively stable around this level until December 31, 2024, where it stood at 0.24. Overall, the trend suggests that Green Plains Renewable Energy Inc has maintained a moderate level of debt in relation to its total assets over the analyzed period, with slight fluctuations but no significant upward or downward trend.