McDonald’s Corporation (MCD)

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	38,424,000	38,990,000	38,524,000	36,764,000	37,153,000	37,274,600	35,710,100	36,603,700	35,903,500	34,866,200	34,576,500	33,988,800	35,622,700	34,628,000	34,922,600	34,823,200	35,196,800	35,143,400	34,675,600	38,046,600
Total stockholders’ equity	US$ in thousands	-3,797,000	-5,177,000	-4,824,000	-4,833,000	-4,707,000	-4,855,000	-4,999,000	-5,776,000	-6,003,000	-6,566,200	-6,369,800	-5,990,800	-4,601,000	-5,675,000	-5,808,000	-7,235,500	-7,824,900	-8,472,100	-9,463,100	-9,293,400
Debt-to-equity ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $38,424,000K ÷ $-3,797,000K
= —

The debt-to-equity ratio for McDonald's Corporation for the period from March 31, 2020, to December 31, 2024, is not available as the values are indicated as "—". The debt-to-equity ratio is a financial metric that provides insights into a company's capital structure by comparing its total debt to its shareholders' equity.

This ratio is significant as it indicates the extent to which a company is financing its operations through debt versus equity. A high debt-to-equity ratio suggests greater financial risk due to higher levels of debt, while a low ratio indicates a more conservative financial structure with a higher reliance on equity financing.

Without the specific numerical values for McDonald's debt-to-equity ratio, it is difficult to assess the company's leverage position and its ability to meet its financial obligations. Investors and analysts typically consider this ratio along with other financial metrics to evaluate the company's financial health and risk profile. It is recommended to monitor and analyze this ratio when updated information becomes available for a more comprehensive understanding of McDonald's capital structure and financial performance.