Innospec Inc (IOSP)
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 | — | — | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 1,211,200 | 1,147,100 | 1,038,000 | 1,032,400 | 944,400 |
| 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 + $1,211,200K)
= 0.00
The debt-to-capital ratio for Innospec Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments, relying solely on equity for its capital structure. A consistent 0.00 debt-to-capital ratio can suggest a strong financial position with low financial risk, as there is no debt to repay or interest expenses to service. It also implies that the company has sufficient equity to support its operations and growth without the need for additional leverage.
Peer comparison
Dec 31, 2024