International Seaways Inc (INSW)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,856,050K
= 0.00
International Seaways Inc has consistently maintained a debt-to-equity ratio of 0.00 for the past several quarters, indicating that the company has no debt or negligible debt in relation to its equity. This low debt-to-equity ratio suggests that the company has a conservative financial structure with a lower level of financial risk. It also implies that the company may be relying more on equity financing rather than debt to fund its operations and investments. Overall, a consistent debt-to-equity ratio of 0.00 reflects a strong financial position for International Seaways Inc and indicates a stable and sustainable capital structure.
Peer comparison
Dec 31, 2024