Ingersoll Rand Inc (IR)

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 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-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 ÷ $10,179,000K
= 0.00

The debt-to-equity ratio of Ingersoll Rand Inc has been consistently at 0.00 over the period of March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure, as the ratio is calculated by dividing total liabilities by total equity. This can be viewed positively by investors and creditors as it suggests that the company is utilizing more equity financing rather than relying on debt to fund its operations and growth. Ingersoll Rand Inc's low debt-to-equity ratio indicates a strong financial position and lower financial risk, as the company is not heavily leveraged. It may also indicate that the company has the ability to finance its operations internally without the need for excessive borrowing. However, it is important to note that this analysis is based solely on the debt-to-equity ratio and should be interpreted in conjunction with other financial ratios and qualitative factors for a comprehensive assessment of the company's financial health and risk profile.