Ingredion Incorporated (INGR)

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
Total assets US$ in thousands 7,444,000 7,525,000 7,221,000 7,319,000 7,642,000 7,549,000 7,600,000 7,645,000 7,561,000 7,403,000 7,389,000 7,435,000 6,999,000 6,986,000 7,098,000 6,803,000 6,858,000 6,464,000 6,611,000 5,952,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,444,000K
= 0.00

Ingredion Incorporated has consistently maintained a debt-to-assets ratio of 0.00 from March 31, 2020, until December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has not utilized debt to finance its assets during this period. This suggests that Ingredion has a strong financial position and is not highly leveraged, as the company's assets are entirely funded by equity or other non-debt sources. This low debt-to-assets ratio can be viewed positively by investors and creditors as it signifies a lower risk of financial distress and indicates a conservative approach to capital structure management.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Ingredion Incorporated
INGR
0.00
General Mills Inc
GIS
0.00
Kellanova
K
0.00
Post Holdings Inc
POST
0.53
WK Kellogg Co
KLG
0.23