Quaker Chemical Corporation (KWR)
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 | 669,614 | 700,648 | 703,655 | 740,408 | 730,623 | 804,973 | 863,934 | 921,555 | 933,561 | 931,491 | 972,369 | 858,287 | 836,412 | 839,275 | 847,154 | 859,433 | 849,068 | 846,070 | 1,070,310 | 1,076,290 |
| Total stockholders’ equity | US$ in thousands | 1,353,570 | 1,445,660 | 1,395,020 | 1,391,230 | 1,384,320 | 1,340,380 | 1,335,980 | 1,316,110 | 1,277,920 | 1,279,000 | 1,329,940 | 1,395,070 | 1,387,290 | 1,383,080 | 1,374,800 | 1,328,890 | 1,320,360 | 1,225,940 | 1,166,910 | 1,162,120 |
| Debt-to-capital ratio | 0.33 | 0.33 | 0.34 | 0.35 | 0.35 | 0.38 | 0.39 | 0.41 | 0.42 | 0.42 | 0.42 | 0.38 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.41 | 0.48 | 0.48 |
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
Quaker Chemical Corporation's debt-to-capital ratio has exhibited a downward trend over the past few years, starting at 0.48 in March 2020 and declining to 0.33 by December 2024. This suggests that the company has been able to reduce its reliance on debt and improve its capital structure over this period. A decreasing debt-to-capital ratio generally indicates a lower financial risk for the company, as less of the capital structure is reliant on debt financing. It may also signify improved financial health and stability, as the company may be managing its debt levels effectively while maintaining adequate capital to support its operations and growth initiatives. However, it is essential to continue monitoring the trend to ensure that the company maintains a healthy balance between debt and capital in the future.
Peer comparison
Dec 31, 2024