Ingredion Incorporated (INGR)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,804,000 | 3,538,000 | 3,195,000 | 3,136,000 | 2,981,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,804,000K
= 0.00
Based on the provided data, Ingredion Incorporated has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt, which can be viewed positively as it implies lower financial risk and a stronger financial position. It also signifies that the company may have a conservative capital structure and may not be highly leveraged. Overall, a consistent debt-to-equity ratio of 0.00 reflects stability in the company's financing structure and a strong balance sheet, potentially indicating a prudent financial management approach.
Peer comparison
Dec 31, 2024