Quaker Chemical Corporation (KWR)
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 | 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-equity ratio | 0.49 | 0.48 | 0.50 | 0.53 | 0.53 | 0.60 | 0.65 | 0.70 | 0.73 | 0.73 | 0.73 | 0.62 | 0.60 | 0.61 | 0.62 | 0.65 | 0.64 | 0.69 | 0.92 | 0.93 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $669,614K ÷ $1,353,570K
= 0.49
The debt-to-equity ratio of Quaker Chemical Corporation has shown a declining trend over the past few years, indicating a decrease in the firm's reliance on debt financing relative to equity. As of December 31, 2024, the debt-to-equity ratio stands at 0.49, suggesting that the company has a higher proportion of equity financing compared to debt. This may indicate a conservative capital structure, which could potentially lower financial risk and increase solvency. Overall, the decreasing trend in the debt-to-equity ratio reflects a positive financial position for Quaker Chemical Corporation in terms of its leverage and capital structure management.
Peer comparison
Dec 31, 2024