Ingersoll Rand Inc (IR)

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 10,179,000 9,783,800 9,195,800 9,001,500 9,119,700
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 + $10,179,000K)
= 0.00

The debt-to-capital ratio of Ingersoll Rand Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period and has funded its capital structure entirely through equity. A debt-to-capital ratio of 0.00 suggests that Ingersoll Rand Inc may have a conservative financial strategy with a low risk of financial distress due to debt obligations. Investors and stakeholders may view this positively as it reflects a strong financial position and a lower dependency on debt financing.