International Seaways Inc (INSW)
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 | 1,856,050 | 1,716,760 | 1,487,750 | 1,133,690 | 972,042 |
| 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 + $1,856,050K)
= 0.00
The debt-to-capital ratio of International Seaways Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations in relation to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing, which can be perceived positively as it may signify a lower financial risk and potentially greater financial stability. It is important to note that the interpretation of this ratio may vary based on the industry and specific financial strategy of the company.
Peer comparison
Dec 31, 2024