Green Plains Renewable Energy Inc (GPRE)

Debt-to-equity 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-equity ratio 0.50 0.47 0.56 0.55 0.58 0.59 0.63 0.60 0.54 0.51 0.53 0.63 0.54 0.53 0.62 0.68 0.44 0.50 0.46 0.32

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $432,460K ÷ $865,215K
= 0.50

The debt-to-equity ratio of Green Plains Renewable Energy Inc has fluctuated over the years. From March 31, 2020, to December 31, 2024, the ratio ranged from 0.32 to 0.50, indicating a relatively low level of debt compared to equity. The ratio increased to 0.68 on March 31, 2021, but then trended downwards to reach 0.47 on September 30, 2024. This suggests that the company has been managing its debt levels effectively, although there was a slight increase in debt relative to equity in the middle of the period. Overall, the debt-to-equity ratio data reflects a reasonable balance between debt and equity financing for Green Plains Renewable Energy Inc.