Quaker Chemical Corporation (KWR)
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 | 669,614 | 730,623 | 933,561 | 836,412 | 849,068 |
| Total stockholders’ equity | US$ in thousands | 1,353,570 | 1,384,320 | 1,277,920 | 1,387,290 | 1,320,360 |
| Debt-to-capital ratio | 0.33 | 0.35 | 0.42 | 0.38 | 0.39 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $669,614K ÷ ($669,614K + $1,353,570K)
= 0.33
The debt-to-capital ratio of Quaker Chemical Corporation has shown fluctuation over the past five years. It decreased from 0.39 in December 31, 2020, to 0.33 in December 31, 2024, indicating a reduction in the proportion of debt relative to total capital. The ratio remained relatively stable between 0.38 and 0.42 during 2021 and 2022 before decreasing again. Overall, the downward trend in the debt-to-capital ratio suggests that Quaker Chemical Corporation has been gradually reducing its debt levels in relation to its total capital structure, which may positively impact the company's financial stability and risk profile.
Peer comparison
Dec 31, 2024