Ingredion Incorporated (INGR)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 3,864,000 | 4,004,000 | 3,705,000 | 3,724,000 | 3,593,000 | 3,413,000 | 3,420,000 | 3,301,000 | 3,195,000 | 3,109,000 | 3,183,000 | 3,324,000 | 3,136,000 | 3,116,000 | 2,850,000 | 2,658,000 | 2,981,000 | 2,744,000 | 2,646,000 | 2,606,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,864,000K)
= 0.00
Ingredion Incorporated has consistently maintained a debt-to-capital ratio of 0.00% from March 2020 to December 2024. This indicates that the company has been financing its operations primarily through equity rather than taking on debt. A debt-to-capital ratio of 0.00% suggests a conservative capital structure and a lower risk of financial distress due to lower dependence on debt financing. Ingredion's stable debt-to-capital ratio over the years reflects a prudent financial management approach and a focus on maintaining a strong balance sheet.
Peer comparison
Dec 31, 2024