Green Plains Renewable Energy Inc (GPRE)

Debt-to-capital 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 stockholders’ equity US$ in thousands 865,215 925,512 867,368 887,454 843,733 828,149 777,948 822,988 910,031 962,042 931,173 890,525 950,500 971,429 864,071 787,568 646,852 685,626 741,779 766,020
Debt-to-capital ratio 0.33 0.32 0.36 0.36 0.37 0.37 0.39 0.38 0.35 0.34 0.35 0.39 0.35 0.35 0.38 0.41 0.31 0.33 0.32 0.24

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $432,460K ÷ ($432,460K + $865,215K)
= 0.33

The debt-to-capital ratio for Green Plains Renewable Energy Inc has shown some fluctuations over the past few years. The ratio ranged between 0.24 and 0.41 from March 31, 2020, to March 31, 2021. From March 31, 2021, to December 31, 2024, the ratio fluctuated between 0.35 and 0.41, with a downward trend overall. The ratio stood at around 0.33 as of December 31, 2024. This indicates that the company's debt level relative to its capital has remained relatively stable in recent years, with a slight decrease towards the end of the period. A lower debt-to-capital ratio generally suggests lower financial risk but could also indicate a company's reduced borrowing capacity for growth or investment opportunities.