Ingersoll Rand Inc (IR)

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 10,179,000 10,267,600 9,958,200 9,855,300 9,783,800 9,554,000 9,414,800 9,317,300 9,195,800 8,750,900 8,776,900 8,992,200 9,001,500 8,653,600 9,277,900 8,956,700 9,119,700 8,771,700 8,574,900 8,686,200
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 + $10,179,000K)
= 0.00

The debt-to-capital ratio for Ingersoll Rand Inc over the period is consistently 0.00, indicating that the company has not utilized debt to finance its operations or investments relative to its total capital structure. A debt-to-capital ratio of 0.00 suggests that the company has either zero debt or an insignificant amount of debt in comparison to its total capital, which may signify a conservative financial strategy or a strong ability to fund operations through equity financing. This low debt-to-capital ratio can be seen as a positive indicator of financial stability and solvency for Ingersoll Rand Inc, as it implies a lower financial risk and less dependency on borrowed funds for its business activities.