Green Plains Renewable Energy Inc (GPRE)
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 | 432,460 | 491,918 | 495,243 | 514,006 | 287,299 |
Total stockholders’ equity | US$ in thousands | 865,215 | 843,733 | 910,031 | 950,500 | 646,852 |
Debt-to-equity ratio | 0.50 | 0.58 | 0.54 | 0.54 | 0.44 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $432,460K ÷ $865,215K
= 0.50
Green Plains Renewable Energy Inc's debt-to-equity ratio has shown some variability over the past five years. The ratio increased from 0.44 in December 31, 2020, to 0.54 in December 31, 2021, remaining at the same level in December 31, 2022. Subsequently, there was a further increase to 0.58 by December 31, 2023, indicating higher debt relative to equity. However, by December 31, 2024, the ratio decreased to 0.50, showing a slight improvement in the company's debt situation compared to the previous year. Overall, the trend suggests that Green Plains Renewable Energy Inc's reliance on debt has been moderately increasing while still maintaining a balance with equity financing.
Peer comparison
Dec 31, 2024