Innospec Inc (IOSP)
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 | — | — | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 1,211,200 | 1,147,100 | 1,038,000 | 1,032,400 | 944,400 |
| 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 ÷ $1,211,200K
= 0.00
The debt-to-equity ratio of 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 in financing its operations during this period and relies solely on shareholders' equity to support its activities. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and is not exposed to the risks associated with debt financing. Innospec Inc's strong financial position, as reflected in its low debt-to-equity ratio, may provide a sense of stability and financial strength to investors and creditors.
Peer comparison
Dec 31, 2024