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.