Ingredion Incorporated (INGR)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,804,000 | 3,538,000 | 3,195,000 | 3,136,000 | 2,981,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,804,000K)
= 0.00
The debt-to-capital ratio for Ingredion Incorporated remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company has financed its operations and investments entirely through equity, without resorting to borrowing. While a low debt-to-capital ratio can be seen as a positive sign of financial stability and lower default risk, it may also suggest that the company is not taking advantage of debt financing to potentially enhance returns. Investors and stakeholders may consider the company's low debt utilization in their assessment of its financial strategy and risk profile.
Peer comparison
Dec 31, 2024