International Seaways Inc (INSW)
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 | 1,856,050 | 1,874,630 | 1,887,440 | 1,794,890 | 1,716,760 | 1,650,080 | 1,620,270 | 1,557,280 | 1,487,750 | 1,328,830 | 1,230,560 | 1,164,870 | 1,133,690 | 1,214,780 | 1,142,130 | 967,763 | 972,042 | 1,086,520 | 1,072,050 | 1,029,680 |
| 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 + $1,856,050K)
= 0.00
The debt-to-capital ratio for International Seaways Inc has consistently been 0.00 across the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not had any long-term debt in relation to its total capital during this time frame. A debt-to-capital ratio of zero suggests that the company has been primarily financed through equity rather than debt. It also implies a lower financial risk as the company is not relying heavily on borrowing for its operations and growth. However, it's important to note that while a low debt-to-capital ratio can be positive in terms of financial stability, it may also suggest limited leverage for potential growth opportunities.
Peer comparison
Dec 31, 2024